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68 2nd St

5,460 SF 68% Leased Retail Building Deposit, NY 13754 £352,103 (£64/SF)

Investment Highlights

  • Heavy Summer Traffic
  • Potential for addition income
  • Great Location
  • Short Drive to Oquaga Lake
  • Well known staple in the area
  • Owner Occupancy living quarters

Executive Summary

Discover the ultimate opportunity in Deposit New York. This turnkey bar and restaurant is the perfect spot for aspiring business owners. Commercial Multi-Use. Located in the heart of the Village. It has road frontage access on both Second St and Front St. The Restaurant/ Bar area has new flooring, newer furnace, Central A/C, HWH, updated restrooms, modern efficient bar, re-upholstered seating, Culinary enthusiasts will appreciate the fully equipped kitchen with fryers, 6 burner stove, oven, grill, cooler, multi-prep stations, wash station. Walk-In Refrigerator. Great Parking with more area available to pave. In addition, this property features a completely remodeled 3BR/2 BA Luxury Apartment above the restaurant. Kitchen w/ Granite countertops, center island, breezy open concept layout, newer floors, walls, custom tiles bathrooms and more. Building has a Metal Roof, Short 5 min drive to the Oquaga Lake and easy access to highway.

Financial Summary (Actual - 2023) Click Here to Access

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

Financial Summary (Actual - 2023) Click Here to Access

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

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,460 SF
Building Class
C
Year Built/Renovated
1926/2020
Price
£352,103
Price Per SF
£64
Percent Leased
68%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.10
Land Acres
1.27 AC
Zoning
Commercial
Parking
35 Spaces (6.41 Spaces per 1,000 SF Leased)
Frontage
50 ft on 2nd St

Amenities

  • Courtyard
  • Restaurant
  • Security System
  • Signage
  • Recessed Lighting
  • Air Conditioning
  • Listing ID: 32333127

  • Date on Market: 03/07/2024

  • Last Updated:

  • Address: 68 2nd St, Deposit, NY 13754

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