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Property profile & analytics
FOR SALE
Turn key restaurants

32 Chenango Ave Kirkland, NY 13323

1,500 SF 0.19 ac lot Built 1980
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US63-5747410
Property summary
AI-generated overview

This exceptional 3,000 square foot commercial building, situated on a 0.19-acre lot at 32 Chenango Ave in Clinton, NY, presents a remarkable investment opportunity. Boasting a prime location with high traffic volume, particularly during lunchtime due to its proximity to a school, this property offers unparalleled visibility and accessibility. Currently configured as a pizzeria and a retail space (bakery not included), the building is completely renovated inside and out, featuring brand new mechanical systems. The interior includes a full basement equipped with a bathroom, office, a 7x10 walk-in cooler, a prep area, a lounge, a kitchen, and a three-bay sink. All existing equipment, valued at $75,000, is included in the sale price of $349,000, but offers can be made with or without the equipment. New equipment installed in 2021 includes Marshall ovens, a new compressor for the walk-in cooler, and a spiral mixer. Ample parking is available, making this an ideal location for a variety of businesses, including, but not limited to, a diner or restaurant. Don't miss this chance to acquire a thriving commercial property in a high-demand area. The asking price is $349,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 1,500 SF
Lot 0.19 ac (8,400 SF)
Zoning code 05 - COMMERCIAL
APN 304001 337.018-2-35.2
UPID US63-5747410
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
  • Utica Bread Bakery Specialty Food Shop
  • Vit-Za Apizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Elenem Properties LLC · 5 yrs held
Elenem Properties LLC
since 2020
Last sale
$165,000
3 recorded transactions
2020
$125,000
2008
$170,000
2004
Price N/A
Zoning & alternative use
05 - COMMERCIAL · Clinton, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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