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    OFF-MARKET
    Turn key restaurants

    2430 Nys Rte 22, Essex, NY 12936

    1,863 SF 0.6 ac lot Built 1950
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US63-2839944
    Property summary
    AI-generated overview

    This exceptional retail property, located at 2430 NYS Route 22, Unit 2430 in Essex, NY, presents a unique investment opportunity. Situated on a sizable 0.6-acre lot, this property offers significant potential for a variety of retail businesses. The building's precise square footage is currently unavailable, however, the generous lot size allows for ample space for expansion or outdoor amenities. The asking price is $100,000, representing a compelling entry point into the vibrant Essex market. The property's location on NYS Route 22 ensures high visibility and accessibility, attracting significant foot traffic and driving potential customer engagement. This prime location offers excellent exposure to both local residents and tourists, making it an ideal setting for a thriving retail enterprise. The property's potential is further enhanced by its strategic positioning within the Essex community, a region known for its strong local economy and attractive lifestyle. This presents a rare chance to acquire a well-situated retail space in a desirable location at an attractive price point. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed information regarding the building's interior and specifics are available upon request.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1950
    Total area 1,863 SF
    Lot 0.6 ac (26,136 SF)
    Zoning code 07 - MIXED
    APN 152600 40.3-3-2.000
    UPID US63-2839944
    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
    Barrell Saloon LLC · 4 yrs held
    Barrell Saloon LLC
    since 2022
    Last sale
    $65,000
    3 recorded transactions
    2022
    $65,000
    2016
    $32,500
    2011
    $50,000
    Zoning & alternative use
    07 - MIXED · Essex, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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