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    319 Taughannock Blvd Ithaca, NY 14850

    Sponsored
    For Sale
    $1,100,000

    Established eatery, prime location, high potential.

    Property size:
    2,609 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    Kelly's Dockside, a renowned Ithaca landmark, presents a unique investment opportunity. This 2,609 square foot restaurant boasts a rich history as the oldest continuously operated and owner-run establishment in Ithaca, celebrating 50 years of serving the community. Situated on a 0.07-acre lot directly on the Cayuga Lake waterfront, the property offers unparalleled access, reachable both by road and water. This prime location places it at the heart of Ithaca's vibrant culinary scene within the picturesque Finger Lakes region. The restaurant is fully equipped and ready to continue its legacy of providing exceptional dining experiences. The sale includes the established business and its associated assets, offering a turnkey operation for a prospective buyer. This is a rare chance to acquire a well-established, profitable business with significant historical value and immense potential for future growth in a highly desirable location. The property's waterfront setting and convenient access points ensure high visibility and accessibility for patrons. The asking price for this exceptional property is $1,100,000. This represents a significant opportunity for an investor seeking a proven, established business in a prime location.

    Property Features for 319 Taughannock Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,609 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.51223
    Latitude
    42.44186

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    FAQs

    What type of property is this?
    Commercial real estate - Established eatery, prime location, high potential.
    Where is this commercial real estate located?
    The property is located at 319 Taughannock Blvd Ithaca, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (607) 428-0708
    Request Owner's contact information
    319 Taughannock Blvd Ithaca, NY 14850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    319 Taughannock Blvd Ithaca, NY 14850
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