303 Barrett Ln Bridgeport, NY 13030
- Turn key restaurants
- 4,461 SF
- 0.76 lot acres
Current Use by Public Records
- Fisher Bay / Seafood Restaurant / American Restaurant
- ATM / Atm
Property Details for 303 Barrett Ln
- Year built
- 1975
- Lot size
- 0.76 lot acres
- Property size
- 4,461 SF
- Zone code
- 02 - SINGLE RESIDENCE
- Property type
- Turn key restaurants
- APN
- 254889 3.29-1-15.1
- APU
- 2548893291151
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $335,000
- 7%
- $340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $360,000
- Mixed-Use
- $295,000
- Hospitality
- $375,000
- Educational
- $325,000
- Residential Income
- $315,000
- Energy
- $295,000
- Income-Based Land
- $395,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Bridgeport
- County
- Madison
- State
- New York
- Longitude
- -75.9806
- Latitude
- 43.177
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA