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Bars & Pubs
NY
Albany
12210
275 Lark St

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FOR SALE

Bars & Pubs

275 Lark St, Albany, NY 12210

2,840 SF 0.13 ac lot Built 1940

Entity Owned 12-yr Hold Free & Clear

Property ID

US63-6187432

$725,000 2,840 SF

275 Lark St, Albany, NY 12210
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This thriving bar and restaurant located at 275 Lark Street in Albany, New York, presents a unique investment opportunity. The property boasts 2,840 square feet of space, spread across two stories, and sits on a 0.14-acre lot (APN: 76.23-3-50.1). Built in 1940 and renovated the same year, the building is zoned for commercial use (Comm). The property features a prominent street frontage, maximizing visibility for the first-floor bar and tavern area. A significant asset is the second-floor space, which includes a party area, office, and a full bathroom. Outdoor seating is available on a patio with a capacity for 100 patrons. Six off-street parking spaces are conveniently located at the rear of the building. Currently operating seven days a week with 100% occupancy as of November 7, 2023, this establishment benefits from its location in a high-foot-traffic area near the City and State Capital Buildings, ensuring consistent customer flow. The asking price is $695,000, translating to $244.72 per square foot. This turnkey operation offers a compelling opportunity for a savvy investor seeking a well-established business in a prime Albany location. The property consists of one unit within a single building.