|
|
Property Description |
ATTRACTIVE DUPLEX WITH STOREFRONT FISH MARKET AND TAKE-OUT RESTAURANT: Located in Little Falls in southern Herkimer County, officially the smallest city in the state of New York, and a block away from Rotary Park and the yacht wharf on the Erie Canal you will find this thriving family run fish market and take-out restaurant business below an immaculately kept duplex home. The owners live in one side and run the business and rent out the other side for $450/month, including utilities. The large attic has been wired and plumbed for a third apartment or additional living space for the owner's living quarters but remains to be finished. Both apartments are identical with a kitchen, living room, 2 bedrooms and bath with common access to a second story enclosed front porch and rear deck. On the ground floor are two storefronts. One side is where the owners have their fish market and take-out business and on the other side they run another small shop which could easily be turned into a dining area for the restaurant if a new owner so desired. The building itself sits on a 45'x150' lot on the outskirts of town and glows with the pride of ownership. The store level is completely brick fronted with built-in flower boxes and the rest of the building has been completely resided with real cedar clapboards. The small backyard is all well kept rock gardens--no lawn to mow here. Each apartment and the storefront has it's own 200 amp electric service and water and gas meters. There is a separate gas hot water furnace and hot water heater for each apartment, the restaurant being heated with it's own gas hot air system. Water, natural gas and sewers are all provided by the city and their is ample parking to service the business. The fish market and takeout business was established 11 years ago and has a loyal local clientele that come from miles around. In the last few years, with the advent of the nearby yacht wharf, they have begun to see a lot more transient business also from travelers on the canal system. The owners are selling so that they may pursue other business interests. Included in the sale are the stove, refridgerator and washer and dryer in each of the apartments and the complete line of restaurant and kitchen equipment, with an estimated value of over $50,000, needed to keep the business going. The sellers have also generously offered to help break in a new owner. The full list of equipment and income and expense figures will be provided to serious buyers. This business operates 4 days per week and 9 months per year. Total taxes are a surprisingly low $1250 and the asking price is $235,000.
|
| Listing Status: |
For Sale |
| Property Type: |
Mixed Use |
| Price($): |
235000 |
| Street Address: |
in Little Falls in southern Herkimer County |
| City: |
MOHAWK VALEY |
| Region: |
New York |
| ZIP/Postal Code: |
|
| Bedrooms: |
|
| Bathrooms: |
|
| Stories: |
2 |
| Square Feet: |
|
| Lot Size: |
|
| Year Built: |
|
| Owner Finance: |
No |
| Cap Rate: |
|
| Net Operating Income: |
|
| Price Per Square Foot: |
|
|
Additional Feature: |
Lake Waterfront |
|
|
|
