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    OFF-MARKET
    Turn key restaurants

    303 Barrett Ln, Bridgeport, NY 13030-9624

    4,461 SF 0.76 ac lot Built 1975
    Individually Owned 20-yr Hold Free & Clear
    Property ID
    US63-4177276
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Fisher Bay Restaurant
    • ATM Atm
    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
    Lorne Rudy · 20 yrs held
    Lorne Rudy
    since 2005
    1 recorded transaction
    2005
    $240,000
    Zoning & alternative use
    02 - SINGLE RESIDENCE · Bridgeport, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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