4 Clinton SqAlbany, NY 12207

For Sale
$849,000

Turnkey operation, high-traffic location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional opportunity presents the chance to acquire the historic McGeary's, a thriving bar and restaurant located in Albany, NY's vibrant entertainment district. The property, situated at 4 Clinton Square, boasts a prime location and substantial square footage. The 5,437 square foot building, constructed in 1890, features a main-level bar and restaurant with indoor seating for over 100 patrons and an outdoor patio capable of accommodating 80+. The building also includes an office and apartment on the second and third floors, adding to its versatility and potential. Currently operating at 75% occupancy, this turnkey operation offers both lunch and late-night dining services. The property sits on a 2,652 square foot lot and is zoned for commercial mixed use. The asking price for the business is $849,000, with an absolute NNN lease type. The building is a single-tenant property, offering a unique opportunity for ownership in a bustling downtown area. This three-story building represents a rare blend of historical charm and modern commercial viability. Don't miss this chance to own a piece of Albany's rich history and vibrant culinary scene.

Highlights

  • Historic McGeary's, a thriving bar and restaurant, for sale in Albany, NY's entertainment district.
  • Turnkey operation with lunch and late-night service; seats 100+ indoors, 80+ outdoors.
  • 5,437 sq ft building on a 2,652 sq ft lot, zoned for mixed commercial use.
  • Includes office and apartment space on upper floors.
  • Business asking price: $849,000; Building and business together: $1,798,000; NNN lease.

Property Details for 4 Clinton Sq

Property type
Other retail properties, Restaurants
Square Feet
5,437 SF
Year Built
1890
Buildings
1
Stories
3

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6540768
Longitude
-73.7505784
4 Clinton Sq, Albany, New York

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4 Clinton Sq
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