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    OFF-MARKET
    Turn key restaurants

    20 Gulf Rd, Colton, NY 13625-3226

    1,016 SF 0.5 ac lot Built 1983
    Individually Owned 22-yr Hold Free & Clear
    Property ID
    US63-6233499
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity in Colton, NY, presents a unique chance to own a well-established business with significant potential. Located on a half-acre lot at 20 Gulf Rd, this 1,912 square foot property boasts a fully equipped commercial kitchen, complete with a comprehensive inventory of stainless steel cookware. The Hide-A-Way Cafe has a long-standing history in the community, known for its home-cooked meals and welcoming atmosphere. The spacious dining area comfortably seats 52 patrons, with additional outdoor seating provided by commercial-grade picnic tables. Its prime location near the school, a State Park, and downtown Colton ensures high visibility and convenient access for customers. A significant advantage is the inclusion of an upper-level apartment, offering versatile options for rental income, a separate business venture, or owner occupancy. This property is ideally situated in the foothills of the Adirondacks, attracting a steady stream of outdoor enthusiasts. The sale includes all existing equipment and furnishings, allowing for immediate operation. This is a rare opportunity to acquire a thriving business with a loyal customer base and significant growth potential. The property's combination of commercial and residential space provides exceptional flexibility and value.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1983
    Total area 1,016 SF
    Lot 0.5 ac (21,780 SF)
    Zoning code 1
    APN 402800 105.039-1-37
    UPID US63-6233499
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Bryan Stone · 22 yrs held
    Bryan Stone
    since 2004
    1 recorded transaction
    2004
    $75,000
    Zoning & alternative use
    1 · Colton, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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