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Property profile

2935 Lamson Rd Phoenix, NY 13135

Turn key restaurants
Property ID
US63-0180843
View Sample
2,088 SF 1.14 ac lot Built 1960
Entity Owned 1-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional commercial property at 2935 Lamson Road in Phoenix, New York, presents a unique investment opportunity. The 2,088 square foot building sits on a substantial 49,658 square foot lot (approximately 1.13 acres), offering ample space and high visibility. Benefiting from a prime location on a busy street, the property boasts road frontage and convenient access from two sides. A large parking lot accommodates over 70 vehicles, ensuring ample parking for customers. Currently configured as a pizzeria and ice cream shop, the property features both indoor and outdoor seating, along with a convenient walk-up window. The fully equipped kitchen is exceptionally well-suited for a variety of food service businesses, including restaurants, diners, and bars. Key features include three-phase electrical service, a walk-in cooler, and an outdoor grease trap. Its strategic location, just a quarter-mile from the Village of Phoenix and the North Island enhancement project at Lock 1 of the Oswego Canal, ensures high traffic and excellent exposure. The property is also conveniently located just four minutes north of Radisson, providing easy access to a wider customer base. This turnkey operation presents a rare chance to acquire a thriving business or establish your own venture in a highly desirable location. The asking price is $300,000. Don't miss this chance to make your business dreams a reality.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Total area 2,088 SF
Lot 1.14 ac (49,658 SF)
Zoning code NS
APN 313689 022.-01-10.1
UPID US63-0180843

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2025
Last sale
$125,000
5 recorded transactions
2025
$125,000
2022
$125,000
2013
$90,000
2013
$90,000
2005
$95,000

Zoning & alternative use

NS · Phoenix, 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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More about this property
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