For Sale
$474,900

12 County RdLindley, NY 14858

Restaurant, bar, apartments, storage. High potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property in Lindley, NY, presents a rare investment opportunity. Situated on 1.8 acres at 12 County Rd 115, this 12,022 square foot property includes a former restaurant and bar (The Lindley Roadhouse), four renovated apartments generating an anticipated $53,400 annual rental income, and 43 storage units in two steel buildings and a barn. The main building, constructed in 1980, features a spacious restaurant area with a bar, kitchen (equipment included), a private office, and restrooms. The four apartments comprise one efficiency, one one-bedroom, and two two-bedroom units. The storage units, ranging in size from 5x10 to 10x30, have the potential to generate approximately $35,000 annually if fully occupied. The property boasts a newer metal roof and a recently installed, state-approved septic system. The location is ideal, on a busy county road near the Pennsylvania border, and only 15 miles south of Corning. This multi-income stream property offers significant upside potential for a savvy investor. The asking price is $474,900. The property consists of four buildings, spanning two stories.

Highlights

  • Rare investment opportunity: 12,022 sq ft commercial property on 1.8 acres in Lindley, NY.
  • Includes former restaurant/bar (equipment included), four renovated apartments, and 43 storage units.
  • Apartments generate anticipated $53,400 annual rental income; storage units have $35,000 annual potential.
  • Main building (1980 construction) features restaurant, bar, kitchen, office, restrooms; newer metal roof and state-approved septic system.
  • Located on busy County Rd 115, near PA border, 15 miles south of Corning; asking price $474,900.

Property Details for 12 County Rd

Property type
Retail properties, Restaurants
Square Feet
12,022 SF
Year Built
1980
Buildings
4
Stories
2
Lot Size (sq. ft)
78,408 SF
Units
4

Location Insight

City
Lindley
County
Steuben
State
New York
Latitude
42.000753599796
Longitude
-77.127183584669
12 County Rd, Lindley, New York

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12 County Rd
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