106 Main St, Phelps, NY 14532
1,578 SF | Retail Building | Phelps, NY 14532 | $169,900 ($108/SF)
For Sale
Active
Asking Price $169,900
- Property Type
-
Retail, Restaurant
- Square Feet
- 1,578 SF
- Price / Square Foot
- $108
Listing Contacts
- Property Info
Property Overview
Excellent grossing restaurant in business over 40 years! Excellent investment opportunity with high cap rate. Ground floor unit only, second floor is owned separately. Successful Family owned, "turn-key," established restaurant business for 40 years. This well cared for restaurant, in the busy village, is selling both building and business with all equipment & fixtures (see attached list). The current owner is open 6 days a week with a steady flow of customers and limited competition within the market. Plenty of parking on both street and rear parking lot of building, full basement for storage & office. Owner will not consider any leasing options. Lower half of building is owned, not top half. ADDITIONAL 1578 SQUARE FOOTAGE IN BASEMENT INCLUDING AN OFFICE. Financials available with non-disclosure agreement. Showings to be Saturday & Sunday after 3:30 and any time on Monday. Preapproval is a must!
Property Details
- Year Built
- 1880
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 21,780 SF
Highlights
- Excellent grossing restaurant with a long history.
- High Traffic Area!
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