5282 Caughdenoy RdClay, NY 13041

Property Details for 5282 Caughdenoy Rd

Year built

1960

Lot size

1.33 AC

Property size (Sq ft)

2,606 SF

Zone code

05 - COMMERCIAL

Property type

Investment properties

Property subtype

Retail residential properties

APN

312489 076.-01-12.1

APU

31248907601121

Description

This exceptional business opportunity presents a fully operational restaurant, bar, and convenience store located at 5282 Caughdenoy Rd, Clay, NY 13041. The 2,606 square foot building, constructed in 1960, sits on a 1.33-acre lot and boasts a complete kitchen with large walk-in coolers and freezers, ample storage, and a state-of-the-art draft beer system. The property's prime location near the proposed Micron facility and easy access to Rt 481 and Rt 11 offer significant growth potential within a densely populated residential area. All equipment is included in the sale, from the bar and dining room furnishings to the kitchen appliances and even an ice cream making machine. The asking price is $475,000. This turnkey operation is ready for a new owner to capitalize on its established success and the burgeoning growth of the surrounding community. The single-story building offers a convenient layout, combining the restaurant, bar, and convenience store areas seamlessly. This is a rare chance to acquire a thriving business in a high-demand location poised for continued expansion. Don't miss this opportunity to own a piece of Clay's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $521,823

  6.5%

  $481,683

  7%

  $447,277

• Comparable approach

  Method

  Valuation

  Relative Method

  $369,023

  Geo Method

  $527,775

• Alternative Use

  Use

  Valuation

  Residential

  $481,683

  Hospitality

  $441,219

  Educational

  $367,089

  Medical

  $379,714

  Retail

  $571,028

Location Insight

City

Clay

County

Onondaga

State

New York

Latitude

43.1583

Longitude

-76.1516

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].