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    OFF-MARKET
    Turn key restaurants

    270 Delaware Ave, Delmar, NY 12054-1123

    2,505 SF 0.56 ac lot Built 1968
    Entity Owned 18-yr Hold Free & Clear
    Property ID
    US63-6258618
    Property summary
    AI-generated overview

    This exceptional retail property, located at 270 Delaware Ave in Delmar, NY, presents a unique investment opportunity. The building, formerly a Friendly's restaurant, offers a substantial 2,505 square feet of vacant space, ready for immediate occupancy. Situated on a 0.56-acre lot, the property boasts excellent visibility and accessibility, making it ideal for a variety of retail uses. The single-tenant configuration simplifies operations and management. The property's location in the vibrant community of Delmar, Albany County, ensures high foot traffic and strong potential for success. The address is 270 Delaware Avenue, Delmar, NY 12054. This is a prime opportunity to establish a thriving business in a desirable location. The property is classified as retail commercial and is available for sale. The building's size and the ample land provide flexibility for future expansion or outdoor amenities. The property's convenient location within Albany County offers easy access to major transportation routes and a strong customer base. This is a rare chance to acquire a well-positioned retail space in a thriving New York community. The property's size and location make it an attractive option for a variety of businesses seeking a prominent presence in Delmar. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1968
    Total area 2,505 SF
    Lot 0.56 ac (24,394 SF)
    Zoning code CH
    APN 012200 86.09-4-4
    UPID US63-6258618
    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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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    O Ice LLC · 18 yrs held
    O Ice LLC
    since 2007
    Last sale
    $563,000
    2 recorded transactions
    2025
    2007
    $903,948
    Zoning & alternative use
    CH · Delmar, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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