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109 Village Sq
Painted Post, NY 14870

Retail Property For Sale

Investment Highlights

  • Located off of Highly traveled Interstate
  • A lot of foot traffic
  • Open 7 Days a week
  • Large corporations with a great client base to support future growth
  • On site manager and staff convey with sale
  • Menu prices are set lower than industry standard, gives room for increase for more profit margins

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,113 SF
Building Class
C
Year Built
1974
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.22 AC
Zoning
05 - Commercial - Small Business District
Parking
50 Spaces (6.16 Spaces per 1,000 SF Leased)
Frontage
55 ft on N Hamilton

Amenities

  • Banking
  • Commuter Rail
  • Conferencing Facility
  • Courtyard
  • Restaurant
  • Signage
  • Storage Space
  • Recessed Lighting
  • Air Conditioning

About 109 Village Sq , Painted Post, NY 14870

Strategically located Turn Key Business and Real Estate Offering! Successfully operated since 1946, positioned right off of I86 with 30,000+ traffic count with a number of surrounding retail plazas, including a small business district adjacent to subject building. Large amount of Village Parking, Seating for 200+, Large bar area, Outdoor seating in plaza commons, Micros System installed, Indoor/Outdoor Surveillance Cameras, Newer rubber roof, 2 automatic backup generators, Upstairs with dining room and second bar (great for private parties or hosting conference meetings for the surrounding large corporations , Includes truck with trailer equipped with mobile kitchen. Equipment / Inventory Included. Business operates breakfast, lunch and dinner (7 days a week) with a lot more opportunities to capitalize on! This business also comes with an on site operating manager and all staff eagerly looking to remain working after the sale. They currently do catering and its common to see door dash or Uber Eats pick up take out for the surrounding area. Very Large corporations including Corning Inc. and Dresser-Rand a Siemens Business surrounds this location and provides a magnitude of business opportunity. The outdoor seating area provides a great summer atmosphere for patrons to enjoy and provides the new owner with endless possibilities to cash flow even further with live music and so on. The upstairs area can be utilized for a onsite brewery or tasting room on top of being a good space for private parties or business luncheons which are in high demand in this area. This building has it all and sports a high level of opportunities for a buyer to successfully run this business, long term. This is a MUST SEE for anyone looking to own and operate a restaurant or add another restaurant to their portfolio. Financials can be reviewed upon a signed NDA to qualified buyers. No owner financing is currently being offered at this time. •Can be and has been used as a Indoor or Outdoor Wedding Venue. •Work Truck Van included in sale along with 2004 trailer equipped with Fridge / Freezer, Flat Cook Top, Tables, Fryers and Trailer mounted Generator for on site parties and catering. Trailer is fully wired with breakers and is a great setup for any on the go catering event for additional revenue!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
464201-299-013-0002-022-000
Land Assessment
$35,581
Improvements Assessment
$220,602
Total Assessment
$256,183
  • Listing ID: 18509058

  • Date on Market: 2020-02-13

  • Last Updated:

  • Address: 109 Village Sq, Painted Post, NY 14870

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