For Sale
$189,900

1687 Foster Ave Schenectady, NY 12308

Turn-key Restaurant, Great Potential

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional mixed-use property at 1687 Foster Avenue in Schenectady, NY, presents a unique investment opportunity. The 3,232 square foot building, constructed in 1920, currently operates as a successful restaurant, offering a turnkey operation for a new owner. The sale includes the adjacent parking lot at 1671 Foster Ave, adding significant value and convenience. The building sits on a 0.1-acre lot (4,125 square feet) and features 9-foot ceilings throughout the main restaurant space. The property's mixed-use zoning allows for the re-establishment of a second-floor apartment, providing potential for additional income or owner occupancy. The property's address is 1687 Foster Ave, Schenectady, NY 12308, and its Assessor's Parcel Number (APN) is 42150039.42-1-9. This is an ideal opportunity for an experienced restaurateur looking to acquire an established business with immediate revenue potential, or for an investor seeking a strong return on investment with the added benefit of potential rental income from a renovated apartment. The asking price for this prime Schenectady location is $189,900. Don't miss this chance to own a thriving business and valuable real estate in a desirable area.

Highlights

  • 3,232 SF mixed-use building on a 0.1-acre lot (4,125 SF) in Schenectady, NY.
  • Turnkey restaurant operation included.
  • Adjacent parking lot at 1671 Foster Ave.
  • 9-foot ceilings.
  • Mixed-use zoning allows for a second-floor apartment.
  • Asking price: $189,900.

Property Details for 1687 Foster Ave

Property type
Retail properties, Restaurants
Square Feet
3,232 SF
Year Built
1920
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Schenectady
County
Schenectady
State
New York
Latitude
42.8247171
Longitude
-73.9271874

FAQs

What type of property is this?
Retail property - Turn-key Restaurant, Great Potential
Where is the retail property located?
The property is located at 1687 Foster Ave Schenectady, NY.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 3,232 SF mixed-use building on a 0.1-acre lot (4,125 SF) in Schenectady, NY.; Turnkey restaurant operation included.; Adjacent parking lot at 1671 Foster Ave.
How can I contact the broker?
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1687 Foster Ave
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