3748 Vestal PkwyVestal, NY 13850

  • Mixed-use properties
  • 2,713 SF
For Sale
$350,000 View listing

Property Details for 3748 Vestal Pkwy

Year built
1965
Lot size
0.35 AC
Property size (Sq ft)
2,713 SF
Zone code
C-1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
034800 158.12-3-26
APU
3480015812326

Description

This turnkey Mediterranean restaurant, Basha's Lebanese Grill, presents a lucrative investment opportunity. Located at 3748 Vestal Parkway East in Vestal, New York, 13850, this Class B property boasts a prime location on a high-traffic artery, with an estimated 25,000 cars passing daily. The 2,000 square foot space comfortably seats 50 patrons and currently generates weekly sales averaging $11,000. The restaurant enjoys a strong reputation for its food and a loyal customer base, consistently delivering a net profit exceeding $150,000 annually. A five-year lease remains, expiring September 14, 2028, with a current all-inclusive monthly rent of $6,985. This established business is offered at $350,000 and is adaptable to various culinary concepts, making it an exceptional opportunity for a seasoned restaurateur or a new entrepreneur seeking a proven, profitable venture. The business is currently operating as a Lebanese restaurant, but its versatile layout and established clientele make it suitable for a wide range of food service operations. This is a single-tenancy property in Broome County.

3748 Vestal Pkwy, Vestal, New York

Location Insight

City
Vestal
County
Broome
State
New York
Latitude
42.0957
Longitude
-75.9806
CBSA code
13780
CBSA name
BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$102,000
$88,000
$190,000
-
$102,000
$88,000
$190,000

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