Turnkey Restaurant with Apartment
For Sale
$269,900
1157 N Main St, Elmira, NY 14901
Fully equipped restaurant with apartment for owner occupancy or rental.
Property Size4,658 SF
Days on Market115
Property Features for 1157 N Main St
General Information
Standard status
Active
Size
4,658 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,505
Building Details
Building Size
4,658 SF
Year Built
1971
Stories
2
Units
2
Listing Agency:
Signature Properties
(607) 481-3174
Listed By:
Victoria Simmons · License #10301200088
(607) 481-3174
Source:
Elliman
Added: Apr 21
Changed: Aug 8
Last Checked: Aug 12 at 9:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Properties
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a well-established and successful restaurant. The restaurant is offered fully equipped and turnkey, including walk-in coolers and freezers, cookware, fixtures, and equipment. All assets convey, allowing for a seamless transition to continue operations. The sale includes a fully functional apartment next door, suitable for owner occupancy or as an income-producing rental to offset expenses and boost overall returns. The current owner is willing to stay on for a period of time to assist the new owner, ensuring a smooth and successful transition. The property is located in Elmira, NY. The bike score is 45, indicating it is somewhat bikeable. The walk score is 52, indicating it is somewhat walkable. The restaurant has a strong community presence.
Key Highlights
- Fully equipped, turnkey restaurant operation ready for immediate continuation of business.
- Includes a fully functional apartment for owner occupancy or rental income.
- Current owner willing to assist with transition.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Wegmans
Groceries
53,434 visits/mo
0.4 miles
Demographics for 14901, NY
14,893
Population
6,739
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
80%
High-School Grad
33.2 sq mi
ZIP Area
449
Density / Sq Mi
$40,524
Median Household Income
$28,369
Median Earnings
$835
Median Rent
$90,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant with apartment for owner occupancy or rental.
Where is this conventional restaurant located?
The property is located at 1157 N Main St Elmira, NY.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Fully equipped, turnkey restaurant operation ready for immediate continuation of business.; Includes a fully functional apartment for owner occupancy or rental income.; Current owner willing to assist with transition.
