Description
The Varick Street Portfolio presents a rare opportunity to acquire four iconic properties in the heart of Utica's Historic Brewery Districta neighborhood undergoing significant revitalization with growing municipal support and private investment. This collection includes The Paramount Building (608612 Varick St), The Varick Bar & Grill (616 Varick St), The Stief (618620 Varick St), and Sickenberger Lane (622624 Varick St). These properties have long served as cornerstones of Utica's nightlife and entertainment scene, and now offer a prime canvas for adaptive reuse and mixed-use redevelopment. Ideal for developers, investors, or hospitality entrepreneurs, the portfolio provides the opportunity to convert the upper floors into modern residential unitsperfect for students, professionals, or short-term rentals, especially given the proximity to Colleges/Universities, Wynn Hospital, and the Nexus Center. At street level, the existing bar and restaurant spaces can be reopened, reimagined, or rebranded to meet the growing demand of the local and regional market. Additional value lies in a parcel located directly across the street, which may support dedicated parking or future expansion. With high visibility, and a strategic location in one of Utica's most promising growth corridors, the Varick Street Portfolio is positioned to become a dynamic live-work-play destination. Reach out today for additional details, financials, or to schedule a private showing.
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Description
The Varick Street Portfolio presents a rare opportunity to acquire four iconic properties in the heart of Utica's Historic Brewery Districta neighborhood undergoing significant revitalization with growing municipal support and private investment. This collection includes The Paramount Building (608612 Varick St), The Varick Bar & Grill (616 Varick St), The Stief (618620 Varick St), and Sickenberger Lane (622624 Varick St). These properties have long served as cornerstones of Utica's nightlife and entertainment scene, and now offer a prime canvas for adaptive reuse and mixed-use redevelopment. Ideal for developers, investors, or hospitality entrepreneurs, the portfolio provides the opportunity to convert the upper floors into modern residential unitsperfect for students, professionals, or short-term rentals, especially given the proximity to Colleges/Universities, Wynn Hospital, and the Nexus Center. At street level, the existing bar and restaurant spaces can be reopened, reimagined, or rebranded to meet the growing demand of the local and regional market. Additional value lies in a parcel located directly across the street, which may support dedicated parking or future expansion. With high visibility, and a strategic location in one of Utica's most promising growth corridors, the Varick Street Portfolio is positioned to become a dynamic live-work-play destination. Reach out today for additional details, financials, or to schedule a private showing.
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