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729 Broad Street

Utica, NY 13501
  • $999,999
  • STATUS: Active Under Contract
  • ON SITE: 244 Days
  • MLS #: S1493115
Under Contract
UPDATED: 101 min ago
$999,999
  • 0
    BEDS
  • 1.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 55,040
    SQFT
  • $18
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1935
County:

School Ratings & Info

School District:

Description

A. Vitagliano & Sons have been servicing the grocery and restaurant/hospitality industries since 1926 offering packed spices, cheese products, fruits, nuts, frozen foods and more to various chain stores such as Price Chopper, Hannaford Bros, Chanatry's Food Markets. They also offer a retail cash and carry store open to the general public and restauranters as an outlet for their wholesale goods as an option to Sysco Foods and other restaurant product groups. This business is a legacy dating back to the current owners grandparents who established the brand in 1926 carrying on with the same reputation of quality goods at affordable prices. The current owners are retiring and offering the business and accompanying real estate for sale including all the furnishings fixtures and operating equipment.Incredible opportunity !! Annual Capitalization Rate Net Operating Income divided by Purchase Price = 36% .So Roll Up Your Sleeves and get to work in your own Business ! Ask your Real Estate agent to print the attached Property supplement Brochure Attachment

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©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor BridgeView Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-04-23T17:53:06.713.
www.bridgeviewny.com/homes/142694083
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729 Broad Street Utica, NY 13501

  • Price: $999,999
  • Status: Active Under Contract
  • On Site: 244 Days
  • Updated: 101 min ago
  • MLS #: S1493115
0
Beds
0
Baths
0
½ Baths
1.51
Acres
55,040
SQFT
$18
$/SQFT
1935
Built
Neighborhood:
Utica-City-301600
County:
Oneida
Area:
Utica-City-301600
School District:
Utica
Property Description
A. Vitagliano & Sons have been servicing the grocery and restaurant/hospitality industries since 1926 offering packed spices, cheese products, fruits, nuts, frozen foods and more to various chain stores such as Price Chopper, Hannaford Bros, Chanatry's Food Markets. They also offer a retail cash and carry store open to the general public and restauranters as an outlet for their wholesale goods as an option to Sysco Foods and other restaurant product groups. This business is a legacy dating back to the current owners grandparents who established the brand in 1926 carrying on with the same reputation of quality goods at affordable prices. The current owners are retiring and offering the business and accompanying real estate for sale including all the furnishings fixtures and operating equipment.Incredible opportunity !! Annual Capitalization Rate Net Operating Income divided by Purchase Price = 36% .So Roll Up Your Sleeves and get to work in your own Business ! Ask your Real Estate agent to print the attached Property supplement Brochure Attachment
Exterior Features

Construction Materials Brick Wood Siding Parking Features On Site Surfaced Parking Total 25 Roof Asphalt Membrane Rubber Waterfront YN No

Interior Features

Basement Full Storage Space Basement YN Yes Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Concrete Hardwood Linoleum Varies Vinyl Heating Gas Forced Air Heating YN Yes Living Area 55040

Property Features

Business Type Grocery Documents Available Inventory Gross Income 3690000 Inclusions Equipment Land Building and Business Lease Considered YN No Possession Close Of Escrow Possible Use Manufacturing Retail Warehouse Wholesale Property Condition Resale Property Sub Type Business Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 5859 Utilities Sewer Connected Water Connected Water Source Public Year Built Details Existing Zoning Industrial Zoning Description Industrial

Greater Rochester Association of Realtors logo Listing information © 2024 CNYIS, GENRIS, WNYREIS. Listing provided by John Bevilacqua of The Property Shop : .
©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor BridgeView Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-04-23T17:53:06.713.
 
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