11/21/2025
Raúl’s Mexican Restaurant and its signature three-story building at 162 Glen Street on Centennial Circle are for sale.
READ: https://www.glensfallschronicle.com/rauls-building-restaurant-for-sale-998500/
Asking price is $998,500. Mark Levack of Levack Real Estate has the listing.
It says of owner Russell Porreca, “After 18 years operating a Mexican Restaurant and Grill at 162 Glen Street, the owner is relocating downstate to be with family.”
“The building can be sold with or without the restaurant,” Mr. Levack says.
Mr. Porreca purchased the building for $800,000 in May 2024.
“This is an incredible opportunity to own a turnkey restaurant and mixed-use building located at Glens Falls’s most visible location,” says the listing.
“All fixtures, furnishings and equipment are included in the sale price. Restaurant financials available upon request. Great rental income from two apartments on the second floor and one apartment on the third floor.
“Extensive capital improvements. No critical deferred maintenance.”
Mr. Levack said of Mr. Porreca, who could not be reached for comment, “He’s had a very successful run with 18 years running a restaurant out of a Glenss Fall storefront.
READ THE REST: https://www.glensfallschronicle.com/rauls-building-restaurant-for-sale-998500/