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    FOR SALE
    Turn key restaurants

    3965 Port St, Pulaski, NY 13142

    1,890 SF 0.12 ac lot Built 1970
    Individually Owned 10-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-0617553
    Property summary
    AI-generated overview

    This exceptional offering presents a unique opportunity to acquire a thriving, turnkey restaurant and an adjacent vacant lot in Pulaski, NY. Steph's Place Diner, a well-established eatery, boasts 1,890 square feet of renovated space, featuring updated equipment, mechanical systems, interior, and roof. The 2015 renovation included a new $30,000 Ansul fire suppression system and grill. Most equipment is less than four years old, excluding the cook stove. The diner, situated on a 0.17-acre parcel, serves breakfast, lunch, and dinner, attracting both locals and tourists drawn to the area's renowned Salmon River fishing and Lake Ontario attractions. The sale also includes a contiguous 1.02-acre vacant lot, providing ample parking, particularly beneficial for boat and trailer storage. This combined 1.18-acre property enjoys high visibility with 156 feet of frontage on Route 13 (Port Street), across from Ace Hardware and a short distance from US Route 11 and Interstate 81. The property's location within an Opportunity Zone adds further investment appeal. This property is zoned commercial and presents a compelling opportunity for either continued operation of the successful diner or redevelopment into a larger commercial venture. The single-story building was constructed in 1960. The asking price is $299,900, translating to $158.68 per square foot.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1970
    Total area 1,890 SF
    Lot 0.12 ac (5,330 SF)
    Zoning code 07 - MIXED
    APN 355001 059.19-01-22
    UPID US63-0617553
    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
    • Steph's Place Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Stephanie L Green · 10 yrs held
    Stephanie L Green
    since 2016
    2 recorded transactions
    2016
    $75,000
    2011
    Zoning & alternative use
    07 - MIXED · Pulaski, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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