Property profile

406 County Rte 39 Williamstown, NY 13493

OFF-MARKET
Turn key restaurants
Property ID
US63-4231851
1,200 SF 7.49 ac lot Built 2002
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This Williamstown, NY commercial property offers a fully equipped restaurant and bar, situated on a 7.5-acre lot (326,264 sq ft) at 406 County Route 39, 13493. The 5,178 sq ft building includes a restaurant and bar, an efficiency apartment, food prep/storage areas, and garage space. The property also features a newer 3-bedroom ranch home and a 30x48 pole barn. Its prime location is directly on four-wheel and snowmobile trails, near state land, the Salmon River, and skiing resorts. Ample parking is available, along with a large pond stocked with perch and bass, offering potential campground space. The property is being sold for $499,900, with owner financing available with a $275,000 down payment. This turnkey operation presents numerous possibilities, from continuing the existing business to hosting events or developing other ventures.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Total area 1,200 SF
Lot 7.49 ac (326,264 SF)
APN 354800 108.00-02-18.01
UPID US63-4231851

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

406 County Rte 39 Williamstown, NY 13493-4110
Williamstown metro Census 20102 SYRACUSE, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2017
1 recorded transaction
2017
$175,000

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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