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408 State Route 3
Plattsburgh, NY 12901

$3,525,000 USD

Restaurant For Sale  •  4,373 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,373 SF
  • Lot Size 1.07 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning C
0 Transit Score
52 Walk Score

Highlights

Single-Tenant Corporate Panera Bread Relocation Store with Drive-Thru
Corporate Relocation Site with Drive-Thru, Demonstrating the Tenant’s Long-Term Commitment to the Site
Located 5 Minutes (1.3 Miles) from Plattsburgh’s Largest Employer, UVM Health Network - Champlain Valley Hospital (2,100 Employees)
Close Proximity to State University of New York-Plattsburgh with 4,417 Students and 1,268 Employees (2024)
Great Visibility from NY Highway-3 (30,000+ CPD) and Adjacent to I-87
Located in the Heart of Plattsburgh’s Main Retail Corridor
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Panera Bread 3/1/2035

Amenities

  • Drive Thru
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Plattsburgh Amtrak Station (Adirondack - Amtrak) 4 min - 2.4 mi
AirportDriveWalkDistance
Plattsburgh International 8 min - 4.7 mi
Patrick Leahy Burlington International 67 min - 32.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 38
Type: Surface
Included in Rent: Yes
Jeff Lefko 844-585-7682 Hanley Investment Group
Jeff Lefko 844-585-7682 Hanley Investment Group