5145 State Rte 12, Glenfield, NY 13343-4011
This exceptional turn-key restaurant opportunity is nestled in the heart of the Black River Valley, strategically located on State Route 12 between the Tug Hill and Adirondack regions. Boasting nearly 10 acres of land, this property enjoys a high-traffic location with over 5,000 vehicles passing daily, providing excellent visibility and accessibility. The existing Pioneer Cafe, a well-established and popular eatery, is fully equipped and operational, serving breakfast and lunch to over 50 patrons regularly. The 2,244 square foot building offers ample space for dining and kitchen operations. The property's prime location offers direct access to popular ATV and snowmobile trails, attracting a significant number of outdoor enthusiasts. The restaurant is equipped with a backup generator ensuring uninterrupted service and central air conditioning for year-round comfort. This presents a unique opportunity for a buyer to either continue the successful existing operation or to reimagine the space to create their own culinary vision. The property's substantial acreage offers significant potential for future expansion or development. This is a rare chance to own a thriving business with considerable growth potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
07 - MIXED · Glenfield, NYGlenfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.