4802 Us Hwy 209 Accord, NY 12404-5744
- Turn key restaurants
- 2,292 SF
- 5.70 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 4802 Us Hwy 209
- Year built
- 1967
- Lot size
- 5.70 lot acres
- Property size
- 2,292 SF
- Zone code
- R2
- Property type
- Turn key restaurants
- APN
- 514400 69.3-2-24
- APU
- 514400693224
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $260,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $230,000
- Mixed-Use
- $265,000
- Hospitality
- $225,000
- Educational
- $225,000
- Residential Income
- $260,000
- Energy
- $200,000
- Income-Based Land
- $215,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- Accord
- County
- Ulster
- State
- New York
- Longitude
- -74.2086
- Latitude
- 41.808
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA