Search Land - Restaurant, Bar, Apartments and Storage Units Commercial Real Estate in Lindley NY 12 County Road 115
Restaurant, Bar, Apartments and Storage Units Commercial Real Estate in Lindley NY 12 County Road 115
$474,900
12 County Road 115, Lindley, NY
Status: Active
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Property Type
Acreage
Commercial Acreage
Acreage
1.8 acres
County
Steuben, NY
Format
Sale
Features
Development Potential
Electricity
Hwy-County Rd Frontage
List Date
Jan 22, 2024
Documents
N/A
Description
Diverse Commercial Property with a Restaurant, Bar, Apartments, and Storage Units in Lindley NY, Steuben County.
Rare opportunity to own a diverse commercial property with multiple streams of income. A great location situated on a busy, county road near the Pennsylvania border. The main structure has been known and operated as The Lindley Roadhouse, a restaurant and bar, for several years but is not currently open. The large building boasts more than 5,800 square feet and includes 4 newly renovated apartments on the second floor. There are 43 existing storage units located in the 2 newer buildings, and there is an old-style barn.
Enjoy the rustic feel of the restaurant with wood floors and a sprawling floor plan. The large dining area includes space for a pool table and offers table and booth seating. A partial wall separates the dining room from the private bar area with tabletop seating and room for 10 guests at the large bar. Access the kitchen from behind the bar which includes everything needed to operate the restaurant and all will convey with the sale. Outside is a large, covered deck that provides additional seating during the summer months. Other rooms include a private office and his/her guest bathrooms.
Above the restaurant are 4 apartments including an efficiency apartment, one 1-bedroom, and two 2-bedroom. The completely renovated apartments have recently been offered for rent and have an anticipated revenue of $53,400 annually. This is a well-maintained building which includes a newer metal roof and a new, state approved septic system. Additional revenue is brought in from the 43 storage units of varying size. The two steel buildings have 37 units with sizes varying from 5 x 10 to 10 x 30. The barn provides an additional 6 units measuring 9.5 x 17.5. Some of the units are currently being utilized by the existing owners. If all units were full, the annual revenue would be approximately $35,000 annually. The lot size is 1.8 acres.
Do not miss your chance to own a commercial property with existing revenue streams and the opportunity to establish a restaurant of your own. A great location just north of the Pennsylvania line and only 15 miles south of Corning.
Offered at $474,900. Contact Dan Heisey 607-661-0029 for more information and to schedule a private showing.