This is the second installment of Restaurant Space Available, a regular feature spotlighting Capital Region properties that may be purchased or leased for use as a restaurant. The first was about 93 Ontario St. in Cohoes, the original home of Teta Marie’s Lebanese Restaurant, which is moving to Watervliet. Owners or real-estate agents who wish to have a restaurant space considered are invited to send details to [email protected].
The property: 340 Hamilton St., Albany.
The price: $749,000.
The narrative: The Belt Line 3 building and business are for sale, with the restaurant remaining open for the duration. The building was purchased in early 2018 by Angela Carkner and her mother, Marisa Teller, the owners of Roux restaurant in Slingerlands. Renovations were lengthier than expected and then stalled by the pandemic, pushing the opening of the Italian restaurant and cocktail bar back to September 2021. Carkner declined to specify the cost of the rehab, saying only that it was “a lot of dollars.” She and Teller acquired the building, located in the city’s Hudson/Park neighborhood, from the owners of the nearby Cheesecake Machismo, who bought it in 2008 with the intention of moving their shop to quarters five times larger, but they ended up staying put farther down Hamilton. It was vacant from 2008, when Mezzo Marketplace closed, until Belt Line 3 opened. Prior to that it housed an eatery called Unlimited Feast. The Belt Line 3 name is derived from the trolley line that ran down Hamilton Street. It was the last trolley route serving in the city. Trolleys in Albany were discontinued in 1946. Carkner said she is focusing attention on Hydrangea Farms, a wedding and event venue she opened last year in Westerlo, and her mother wants to step back from the restaurant business. They closed Roux last fall. With an extensive renovation that’s less than two years old, vintage-pattern wallpaper and sepia maps of trolley routes,…
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