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Two-Story Restaurant with Full-Service Bars
For Sale
$289,000

308 N Franklin Street, Watkins Glen, NY 14891

COMMERCIAL - Watkins Glen, NY

Property Size4,514 SF
Lot Size0.04 Acres
Price / SF$64.02
Days on Market21

Property Features for 308 N Franklin Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com 1
Zoning description Commercial
Rooms Basement
Lot features Rectangular, Rectangular Lot
Elementary school district Watkins Glen
Middle school district Watkins Glen
High school district Watkins Glen
Directions Franklin Street, next to Chemung Canal.
Subdivision Watkins Glen Village-Dix-442401
Standard status Active
APN 442401-065-053-0003-040-000-0000
Size 4,514 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 6025

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Flooring type Carpet, Linoleum, Vinyl
Roof type Rubber, Membrane
Listing Agency: Howard Hanna Corning
Listed By: Jody Saunders · License #10401275949
Added: Jul 24 Changed: Aug 4 Last Checked: Aug 13 at 4:06PM
MLS# R1701408

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story restaurant property offers an established operating layout for full-service service. The main level features a welcoming dining area with individual tables and bar seating, plus a full-service bar equipped with several beer taps using a newer glycol system. The commercial kitchen includes a rotating gas-fired brick pizza oven positioned in full view of customers. A second full-service bar and an open second-floor seating area provide additional flexibility for overflow dining, private events, or live entertainment. In addition, the property includes three restrooms, two furnaces, a spacious partial basement with a newer walk-in cooler and a brand-new ice maker, and ample storage and operational space. Flooring includes vinyl, linoleum, and carpet.

The property is located on N Franklin Street in downtown Watkins Glen. It sits on a 0.04-acre lot and is positioned for visitors drawn to the Finger Lakes and nearby attractions, including Seneca Lake and the waterfront pier.

Built in 1900, the building includes central air conditioning and is served by public water and public sewer. The roof is described as rubber and membrane.

Key Highlights

  • Two‑story restaurant layout with full‑service bars on the main level and second floor
  • Main level seats about 38 guests; second floor seats about 62 guests
  • Com 1 zoning; 0.04‑acre lot

Property Analytics

Current Use

Atlas Brick Oven ... Restaurant

Suggested Use

Top Pick Plumbing Service Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 42% Dining 36% Shops & Services 22%
Walmart Superstores
43,220 visits/mo 0.5 miles
Burger King Dining
16,528 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,504 visits/mo 0.5 miles
Sinclair Shops & Services
10,330 visits/mo 0.3 miles
Sunoco Shops & Services
8,075 visits/mo 0.2 miles

Demographics for 14891, NY

4,140
Population
2,602
Households
1.6
Avg Household Size
46
Median Age
25%
College-Educated
91%
High-School Grad
54.4 sq mi
ZIP Area
76
Density / Sq Mi
$57,137
Median Household Income
$36,221
Median Earnings
$775
Median Rent
$146,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-story restaurant in Com 1 zoning with central air, public utilities, and dining for about 100 guests across two levels.
Where is this conventional restaurant located?
The property is located at 308 N Franklin Street Watkins Glen, NY.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two‑story restaurant layout with full‑service bars on the main level and second floor; Main level seats about 38 guests; second floor seats about 62 guests; Com 1 zoning; 0.04‑acre lot
More about this property
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