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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29105217
29105218

22 Highland Rd, Massena, NY 13662

$495,000
152 days on market
Updated 152 days ago
Opportunity zone

Highland Family Resturant

Details
Property Type Industrial, Retail (+1)
Sub Type Restaurant
Square Footage 3,840
Net Rentable (SqFt) 3,840
Cap Rate 79.8%
NOI $395,000
Occupancy 100%
Price per SqFt $129
Year Built 1985
Year Renovated 2019
Buildings 1
Stories 2
Lot Size (SqFt) 28,240
Zoning Commericial
Parking Spaces 25 spaces
Parking Per SqFt 6.51
Investment Type Owner/User
Occupancy Date 11/05/2019
Ground Lease No
Ownership 100% owner
Sale Condition For sale by owner

Industrial | 79.80% CAP | 3,840 SqFt

Marketing description

Well established restaurant in the highest traffic area in the area… Corner property on the busiest traffic intersection in Massena. Turnkey operation with a full staff and equipment. The entire restaurant has been upgraded recently. Come in and see financials for qualified buyers. Must be seen to be appreciated. This space is conveniently located that it can be converted into anything. Interest in knowing more…Give us a shout!

Investment highlights

Listing Contacts

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$395,000.00
$32,916.67/mo

Valuation Metrics

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DSCR
79.8%
Cap Rate
79.8%
ROI

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