Property profile

44 Champlain St Rouses Point, NY 12979

OFF-MARKET
Turn key restaurants
Property ID
US63-6026756
3,000 SF 0.92 ac lot Built 1988
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a fully operational restaurant and gas station located at 44 Champlain Street in Rouses Point, New York. The property boasts a substantial 3,693 square feet of space situated on a 0.86-acre lot, providing ample room for operations and customer parking. The restaurant itself features 130 indoor seats and additional outdoor seating, catering to a large volume of customers. A significant advantage is the inclusion of 90 parking spaces, ensuring convenient access for patrons. The property's kitchen is fully equipped and comes complete with all existing inventory, allowing for immediate commencement of operations. Adding to its appeal is a newly constructed smoker, installed in September 2024, enhancing culinary capabilities. This turnkey operation benefits from a long and established history, providing a solid foundation for continued success. The property's location in Rouses Point, NY, within Clinton County, zip code 12979, offers excellent visibility and accessibility. The asking price for this combined restaurant and gas station is $1,300,000. This represents a unique chance to acquire a well-established business with significant potential for growth and profitability. The property is zoned for commercial use and includes all necessary permits and licenses.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Total area 3,000 SF
Lot 0.92 ac (40,044 SF)
APN 092803 20.18-2-2
UPID US63-6026756

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

44 Champlain St Rouses Point, NY 12979-1505
Rouses Point metro Census 100102 PLATTSBURGH, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2004
1 recorded transaction
2004
$78,000

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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