Property profile

303 Barrett Ln Bridgeport, NY 13030

OFF-MARKET
Turn key restaurants
Property ID
US63-4177276
4,461 SF 0.76 ac lot Built 1975
Individually Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,461 square foot restaurant property, located at 303 Barrett Ln, Bridgeport, NY 13030, presents a unique investment opportunity. Currently operating as a restaurant, the property boasts stunning waterfront frontage on both Oneida Lake and the marina channel. The asking price is $635,000, translating to $142.34 per square foot. The existing structure offers immediate potential for continued restaurant operations or complete redevelopment. The tranquil setting and direct lake access are ideal for a variety of uses, including residential conversion. Imagine the possibilities: a luxurious waterfront home, a thriving restaurant with unparalleled views, or a mixed-use development capitalizing on the property's prime location. The property's versatility and picturesque setting make it a truly exceptional investment opportunity. The site's location on the Great Loop waterway adds significant appeal for boaters and intercoastal enthusiasts. This is a rare chance to acquire a substantial waterfront property with immense potential in a desirable location. The existing building provides a solid foundation for immediate use or future development plans. Don't miss this chance to own a piece of Oneida Lake's beauty.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Total area 4,461 SF
Lot 0.76 ac (33,106 SF)
Zoning code 02 - SINGLE RESIDENCE
APN 254889 3.29-1-15.1
UPID US63-4177276

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
  • Restaurant
  • Atm

Location

303 Barrett Ln Bridgeport, NY 13030-9624
Bridgeport metro Census 30404 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2005
1 recorded transaction
2005
$240,000

Zoning & alternative use

02 - SINGLE RESIDENCE · Bridgeport, 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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