Property profile

20 Gulf Rd Colton, NY 13625

OFF-MARKET
Turn key restaurants
Property ID
US63-6233499
1,016 SF 0.5 ac lot Built 1983
Individually Owned 22-yr Hold Free & Clear
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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

Location

20 Gulf Rd Colton, NY 13625-3226
Colton metro Census 492301 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2004
1 recorded transaction
2004
$75,000

Zoning & alternative use

1 · Colton, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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