51 Market St Potsdam, NY 13676
- Investment properties
- 5,088 SF
- 0.06 lot acres
Current Use by Public Records
- 3 Bears Gluten Free Bakery and Cafe / Gluten-Free Restaurant / Bakery
Property Details for 51 Market St
- Year built
- 1950
- Lot size
- 0.06 lot acres
- Property size
- 5,088 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 407403 64.058-4-44.2
- APU
- 407403640584442
Description
This exceptional business opportunity presents the chance to acquire a thriving, well-established gluten-free bakery and cafe located at 51 Market St, Potsdam, NY. The 3 Bears Bakery and More boasts a loyal customer base, extending its reach as the only 100% gluten-free establishment between Potsdam and Syracuse. This turnkey operation includes the sale of the existing business, complete with its established clientele and brand recognition. The sale encompasses all existing inventory, ensuring a seamless transition for the new owner. All necessary equipment for continued operation is included in the sale price of $549,900. The property itself offers 7,152 square feet of space situated on a 0.06-acre lot. A lease agreement is included as part of the sale, eliminating the need for immediate lease negotiations. This presents a unique opportunity for an entrepreneur seeking a profitable and established business in a desirable location. The business is ready to operate immediately, minimizing start-up costs and maximizing potential returns. The strong brand reputation and established customer base provide a solid foundation for continued growth and success. This is a rare opportunity to acquire a profitable and well-regarded business in a thriving community. Serious inquiries only. Financial details are available upon request. The sale includes all equipment, inventory, and the existing lease. This is a turnkey operation ready for immediate ownership.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $155,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $170,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $185,000
- Geo Method
- $185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $180,000
- Retail
- $185,000
- Mixed-Use
- $180,000
- Hospitality
- $185,000
- Educational
- $185,000
- Residential Income
- $195,000
- Energy
- $200,000
- Income-Based Land
- $200,000
- Food Service
- $175,000
Location Insight
- Map
- Local Demand
- City
- Potsdam
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.9872
- Latitude
- 44.6701
- CBSA code
- 36300
- CBSA name
- OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
