Investment Highlights
Ample parking available
Near public transportation
Located in a high traffic area
Executive Summary
32-Year Established Restaurant & Party Hall Business with Freestanding Building and Parking in Downtown White Plains, NY? For Sale: $3.75 Million? Seller Financing Available? Contact Owner: Koshy Chacko? Phone: 914-946-3000? Email: fairdealcafe@gmail.comProperty Overview:? Operating Restaurant with Full Liquor License? 3 Catering Halls? Outdoor Caf?? Two Offices? Conference Room? Sunroom? Elevator? Four Restrooms? Three HVAC Units? Kitchen Equipment IncludedBuilding Details:? Location: Downtown White Plains, NY? Size: 9000 sq. ft. Building on 6750 sq. ft. Property? Construction: Steel and Masonry? Year Built and Renovations: Original: 1946, Expanded 2000, 2004, Renovated: 2023Interior Features:? Up to 20' High Ceilings? Large Halls? Full Basement? Elevator? Two Offices? Conference Room? Four Restrooms? Commercial Kitchen in BasementUtilities:? 400-Amp Electrical Service? 4" Gas ConnectionHVAC:? Three Heating/AC Rooftop Units (20-ton, 12-ton, and 10-ton)Safety Features:? Sprinklers? Burglar Alarm System? Security SystemParking:? 14 Spaces on Side and Back of Building? Street Parking and Two Municipal Parking Structures NearbyLocation:? Central Business District? Walking Distance to Hotels, Shopping Centers, and Mass TransitArea Development:? Rapid Growth with Several Large Apartments Completed and Under ConstructionHigh Visibility:? High Traffic and High Visibility FrontageAppraisal:? Appraised by Westchester Bank in 2019 and North State Bank in 2020 for $3,000,000Usage:Retail, Restaurant, Medical, Multi-Story Residential, Health Club, Daycare, Religious Institutions, Schools, Professional Offices.Owner:Koshy Chacko, 914-946-3000, fairdealcafe@gmail.com253 Mamaroneck Ave, White Plains, NY 10605
