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    OFF-MARKET
    Turn key restaurants

    3438 State Rte 97, Barryville, NY 12719-5923

    2,464 SF 1.05 ac lot Built 1998
    Individually Owned 26-yr Hold ~ Est. High Equity
    Property ID
    US63-3155062
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Pietro Merendino
    Pietro Merendino
    1 recorded transaction
    1969
    Zoning & alternative use
    HC · Barryville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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