Property profile

3438 State Rte 97 Barryville, NY 12719

OFF-MARKET
Turn key restaurants
Property ID
US63-3155062
2,464 SF 1.05 ac lot Built 1998
Individually Owned 26-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 3438 State Route 97 in Barryville, NY, presents a unique investment opportunity. The 4,928 square foot building sits on a 1.05-acre lot and is currently operating as a thriving pizzeria restaurant. The property boasts ample seating, accommodating 100 patrons indoors and an additional 30 outdoors. The fully equipped kitchen includes two pizza ovens, a twelve-burner stove, a walk-in freezer, a walk-in box refrigerator, a two-door freezer, and a two-level forced-air fridge display. Additional kitchen features include a prep table with six bay steamers and a salad bar. The restaurant also features a waitress station, indoor and outdoor speaker systems, ceiling fans, and a generator for backup power. A full basement provides additional storage space. The property includes multiple bathrooms and a sizable garden. Recently renovated within the past two years, the building and outdoor seating area offer a fresh, modern feel. This turnkey operation is ideally situated in a growing community, offering immediate income potential and significant upside for a savvy investor. The combination of a prime location, established clientele, and extensive equipment makes this a truly remarkable opportunity. The asking price is $1,200,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 2,464 SF
Lot 1.05 ac (45,738 SF)
Zoning code HC
APN 483400 27.-8-2.3
UPID US63-3155062

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3438 State Rte 97 Barryville, NY 12719-5923
Barryville metro Census 952400
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

HC · Barryville, 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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