Property summary
This exceptional turnkey opportunity presents a fully operational 182-seat restaurant situated in Newark, NY, on a 1.56-acre lot. The property boasts a spacious dining area ideal for large gatherings and consistent daily business. The fully equipped kitchen includes a new walk-in freezer and all necessary appliances, ready for immediate use. A recently repaved parking lot ensures ample customer parking. The restaurant enjoys a prime location on State Route 31 and benefits from an… established reputation within the community. Beyond the restaurant, the property includes a three-bedroom apartment on the second floor, perfect for owner occupancy or generating rental income. A large garage provides valuable storage space or additional operational capacity. All equipment, furnishings, and fixtures are included in the sale price of $950,000, making this a truly turnkey operation. The 7,370 square foot building offers a rare chance to acquire a thriving restaurant with significant additional income potential. This is an exceptional investment opportunity in a desirable location. Don't miss this chance to own a well-established business with immediate income potential and significant upside.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,250 SF
- Lot area
- 1.56 ac
- Year built
- 1996
- Stories
- 2
- APN
- 542001 68110-08-861990
- Zoning
- B3
- Assessed value · 2023
- $267,700
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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