729 Broad Street, Utica

$999,999

0 Beds
0 Baths
55,040 Sqft
1.51 Acres
0 Garages

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

Essential Information
MLS® #S1493115
Price$999,999
Bathrooms0.00
Square Footage55,040
Square Footage65901
Acres1.51
Year Built1935
TypeCommercial Sale
Sub-TypeBusiness
StatusActive Under Contract
Community Information
Address729 Broad Street
AreaUtica-City
CityUtica
CountyOneida
StateNY
Zip Code13501
Amenities
Parking Spaces25
ParkingOn Site, Surfaced
GaragesOn Site, Surfaced
Utilities

Sewer Connected, Water Connected

Interior
HeatingForced Air, Gas
CoolingCentral Air
# of Stories4
Stories4
Has BasementYes
BasementFull, Storage Space
Interior

Concrete, Hardwood, Linoleum, Varies, Vinyl

Exterior
ExteriorBrick, Wood Siding
RoofAsphalt, Membrane, Rubber
ConstructionBrick, Wood Siding
School Information
DistrictUtica
Additional Information
ZoningIndustrial
Listing Details
Listing Courtesy of The Property Shop
Office #315-525-2228
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $1,250,000 to $999,999
Price Reduced from $1,553,000 to $1,250,000
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