1. New York
  2. Albany
  3. 51 S Pearl Street
$265,000

51 S Pearl Street, Albany, NY 12207

  • 541,564 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon7.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $0/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Rare business opportunity for an experienced restaurateur or event management firm/caterer in the Albany area. Below market, fully-assignable lease for a 3,655 square-foot, fully operational Restaurant & Bar with significant traffic from major area events. Well-equipped Commercial Kitchen, furniture and fixtures, gorgeous fully stocked marble wrap-around bar, upstairs area with second bar for private events, and outdoor cafe. Restaurant & bar area occupancy of 250, with a seating capacity of 204, including 30 bar stools. There is not a better opportunity in the area for someone looking for a turn-key operation or an accessible location for special events. Call for full details to include equipment list and historical and projected event-driven revenue.

Listing Status:
Active
Date Added:
March 24, 2025 at 05:00AM
Listing Office:
Howard Hanna Capital Inc : 1 518-371-4500
Listing Agent:
Joseph P Cardinale : 518-755-2064
MLS ID:
202513890
  • Basement: None
  • A/C: Central Air
  • Heating: Forced AirOther

This listing courtesy of Joseph P Cardinale, Howard Hanna Capital Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Giffen Memorial Elementary School

274 S Pearl St, Albany, NY, 12202

Grades PK-5

0.50 miles away

W

William S. Hackett Middle School

45 Delaware Ave, Albany, NY, 12202

Grades 6-8

0.75 miles away

A

Albany High School

700 Washington Ave, Albany, NY, 12203

Grades 9-12

1.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.