Listed by Global Real Estate Pro
$495,000
Allan's Falafel Restaurant **OWNER FINANCING**
Details
Property Type Business for Sale, Hospitality
Sub Type Business Only
Square Footage 4,000
Units 20
NOI $1,300,000
Occupancy 100%
Tenancy Single
Lease Type Net
Lease Term 10
Lease Expiration 12/12/2035
Remaining Term 9.5
Rent Bumps Yes
Lease Options yes
Pro-Forma Cap Rate 13.13%
Pro-Forma NOI $65,000
Price per SqFt $124
Class A
Year Built 1950
Year Renovated 2025
Stories 1
Acreage 0.150
Zoning commercial
Parking Spaces 20 spaces
Parking Per SqFt 5.00
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 12/12/2025
Occupancy Date 12/12/2025
Ground Lease No
Sale Condition N/A
Restaurant Opportunity in Chester, NY **OWNER FINANCING**
Marketing description
Opportunities abound to introduce new concepts, extend operating hours, or increase outdoor dining options. This is a unique chance to take ownership of a fully operational Mediterranean restaurant in a charming historic town. With its clean, large kitchen and full dining and event infrastructure, the restaurant is ready for immediate ownership and growth, offering endless possibilities for an aspiring restaurateur. **OWNER FINANCING**
Investment highlights
Turn-key, great income, room for expansion, catering, deliveries, outdoor seating.
Listing Contacts
Listed by Global Real Estate Pro
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,300,000.00
$108,333.33/mo
Valuation Metrics
0
DSCR
262.63%
Cap Rate
262.63%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?
