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    13334 State Route 38 Richford, NY 13835

    Sponsored
    For Sale
    $150,000

    Established Restaurant, High Traffic Area

    Property size:
    1,280 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional opportunity presents the chance to acquire the beloved Red Rooster Diner, a thriving, locally-owned restaurant in Richford, NY. Situated on a 1.18-acre lot at 13334 State Route 38, this 1,280 square foot establishment boasts a prime location near the intersection of Routes 38 and 79, benefiting from approximately 3,500 daily vehicles passing by. The diner's welcoming atmosphere and home-cooked meals have made it a community cornerstone since 2018, offering both dine-in and carry-out services with a seating capacity for 56 guests. Ample parking is available, accommodating 40+ vehicles. The sale includes the building, the established business, and a comprehensive inventory of recently upgraded commercial appliances and equipment, representing a significant investment already made. This turnkey operation is ready for a new owner to continue its successful legacy or implement fresh ideas. The substantial road frontage and high traffic count provide excellent visibility and accessibility, ensuring continued success for years to come. This is a rare chance to own a profitable business with a strong community presence and significant potential for growth. The asking price is $150,000.

    Property Features for 13334 State Route 38

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,280 SF
    Lot Size
    51,401 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Auto Repair Shop Wholesale Shop Clothing Store Nail Salon Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richford
    County
    Tioga
    State
    New York
    Longitude
    -76.19986
    Latitude
    42.35825

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 13334 State Route 38 Richford, NY.
    What is the asking price?
    The asking price for this property is $150,000.
    (607) 257-0800
    Request Owner's contact information
    13334 State Route 38 Richford, NY 13835
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    Richford, NY 13835
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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
    13334 State Route 38 Richford, NY 13835
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