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2534 State Route 31

3,900 SF Speciality Building Offered at £352,485 in Palmyra, NY 14522

Investment Highlights

  • Very loyal clientele
  • Easy access off highway

Executive Summary

Yellow Mill Diner is a long standing family restaurant/diner located off a well travelled highway
Operating since 1999, and was recently remodeled
Very profitable and consistent sales.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £352,485
Price Per SF £90
Sale Type Owner User
Sale Conditions Business Value Included
Property Type Speciality
Building Class C
Lot Size 1.36 AC
Building Size 3,900 SF
Number of Floors 1
Year Built/Renovated 1950/2015
Parking Ratio 5.9/1,000 SF

About 2534 State Route 31 , Palmyra, NY 14522

he property at 2534 State Route 31, Palmyra, NY 14522-9509 is a versatile commercial space, currently home to the Yellow Mill Diner. This single-story building, built in 1950 and remodeled in 2015, offers 3,900 sqft of space on a 1.36-acre lot. The property features a well-maintained diner with a loyal clientele, ample parking with a ratio of 5.9 spaces per 1,000 sqft, and easy access from the highway. It is listed for sale at $450,000, making it an attractive opportunity for owner-users looking to invest in a profitable and established business

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
543000 63111-00-991614
Land Assessment
£38,460 (2023)
Improvements Assessment
£212,588 (2023)
Total Assessment
£251,048 (2023)

zoning

Zoning Code 05 (Comme)
05 (Comme)
  • Listing ID: 32519420

  • Date on Market: 19/07/2024

  • Last Updated:

  • Address: 2534 State Route 31, Palmyra, NY 14522

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