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Formerly Michael's Fine Food and Spirits 7672 US-20

4,457 SF Retail Building Waterville, NY 13480 £232,259 (£52/SF)

Investment Highlights

  • Great visibility and signage,
  • Easy drive to Utica, Waterville, Sherburne, Norwich, Hamilton, Colgate University, Morrisville State College, Cooperstown Baseball Hall of Fame
  • Major intersection of Scenic Route 20 (Cherry Valley Turnpike) and Route 12.

Executive Summary

A remarkable opportunity for entrepreneurs and investors! This 4500 square foot, 2.5-story landmark building boasts a stately character and an enviable location near Waterville, Hamilton, and Utica, NY at the intersection of busy NYS Rte 20 & NYS Rte 12 that ensures high visibility and easy accessibility. Previously home to the renowned Michael's Fine Food & Spirits, who have successfully relocated their business, this property presents immense potential for a new venture. Great visibility and signage, Major intersection of Scenic Route 20 (Cherry Valley Turnpike) and Route 12. Easy drive to Utica, Waterville, Sherburne, Norwich, Hamilton, Colgate University, Morrisville State College, Cooperstown Baseball Hall of Fame

Attachments

Aerial View

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

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,457 SF
Building Class
C
Year Built
1800
Price
£232,259
Price Per SF
£52
Tenancy
Multiple
Number of Floors
3
Building FAR
0.26
Land Acres
0.40 AC
Zoning
C - Commercial
Parking
20 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
196 ft on U.S. 20

Amenities

  • Corner Lot
  • Fireplace
  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
305489 398.000-2-1
Land Assessment
£10,494 (2023)
Improvements Assessment
£53,731 (2023)
Total Assessment
£64,225 (2023)
  • Listing ID: 30877308

  • Date on Market: 05/02/2024

  • Last Updated:

  • Address: 7672 US-20, Waterville, NY 13480

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