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    FOR SALE
    Turn key restaurants

    327 Broadway, Menands, NY 12204

    1,876 SF 0.06 ac lot Built 1955
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US63-0092650
    Property summary
    AI-generated overview

    This exceptional 0.06-acre commercial lot presents a unique investment opportunity in the thriving Menands, NY market. Located at 327 Broadway, this property offers significant potential for a variety of commercial ventures. Its prime location provides easy access to major transportation routes, ensuring excellent visibility and convenient access for customers and employees. The relatively small lot size makes it an attractive option for developers seeking a manageable project with high potential return. The absence of existing structures allows for complete design flexibility, enabling the construction of a building tailored to specific business needs. This presents a blank canvas for entrepreneurs and investors to create a bespoke commercial space. The property's address in Menands, NY, places it within a dynamic and growing community, offering access to a diverse workforce and a strong local economy. Given the limited availability of commercial land in this area, this property represents a rare and valuable opportunity to establish a presence in a highly desirable location. The asking price of $539,000 reflects the property's strategic location and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional lot offers. Further due diligence is recommended to confirm zoning regulations and development possibilities.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1955
    Total area 1,876 SF
    Lot 0.06 ac (2,614 SF)
    Zoning code 82
    APN 012603 55.6-2-11
    UPID US63-0092650
    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
    • Kris’ Mid City Tavern Nightclub Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    327 Broadway Menands LLC · 7 yrs held
    327 Broadway Menands LLC
    since 2019
    2 recorded transactions
    2019
    $145,000
    2007
    $100,000
    Zoning & alternative use
    82 · Menands, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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