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    OFF-MARKET
    Turn key restaurants

    4802 Us Hwy 209, Accord, NY 12404-5744

    2,292 SF 5.7 ac lot Built 1967
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US63-4081479
    Property summary
    AI-generated overview

    This exceptional Accord, NY mixed-use property presents a lucrative investment opportunity. The meticulously renovated 3,460 square foot building boasts a thriving, 2,260 square foot restaurant, fully equipped and operating as a turnkey business. The restaurant features a recently expanded tavern room with an open ceiling, a new entrance foyer, a raised kitchen roof, and a dedicated outdoor dining area complete with restrooms, a licensed bar, a band stage, and covered seating for an additional 70 patrons. Operational efficiency is maximized with a new beverage walk-in cooler and an eight-line glycol beer tap system. Beyond the restaurant, the property includes two additional residential rental units, providing further income streams. Recent improvements also encompass a fully renovated mobile home and expanded parking facilities. This property offers a compelling combination of established commercial revenue and rental income potential, making it an ideal acquisition for savvy investors seeking a high-return asset in a desirable location. The property is located at 4802 US Highway 209, Accord, NY and is priced at $995,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1967
    Total area 2,292 SF
    Lot 5.7 ac (248,292 SF)
    Zoning code R2
    APN 514400 69.3-2-24
    UPID US63-4081479
    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
    Alanlinda LLC · 7 yrs held
    Alanlinda LLC
    since 2018
    4 recorded transactions
    2020
    2018
    $250,000
    2006
    $240,000
    1969
    Zoning & alternative use
    R2 · Accord, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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