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    205 N Franklin St Watkins Glen, NY 14891

    For Sale
    $170,000

    Operating bar and restaurant in Watkins Glen business district.

    Property size:
    5,746 SF

    Property Features for 205 N Franklin St

    General Information

    Size
    5,746 SF

    Source: Ronald Gunner Tronolone Agent Ronald Gunner Tronolone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Operating Bar and Restaurant Space

    This property features an operating bar and restaurant within a 5746 square foot building. The rear half of the building is uninsulated and unheated, serving as cold storage. The property is located in the business district of the Village of Watkins Glen. The property is currently leased for 5 years at $1,000 per month on a triple net lease basis. The real estate is for sale only, and all equipment is owned by the tenant.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Seneca Cheese Company - Whiskey & Cocktail Bar, Ben & Jerry’s, Landons Pub & Pizza, Maria's Tavern, J.R. Dill Wine Bar

    Location Insight

    • Map
    • Local Demand
    City
    Watkins Glen
    County
    Schuyler
    State
    New York
    Longitude
    -76.8743663
    Latitude
    42.3816327

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    FAQs

    What type of property is this?
    Bar - Operating bar and restaurant in Watkins Glen business district.
    Where is this bar located?
    The property is located at 205 N Franklin St Watkins Glen, NY.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: - Operating bar and restaurant provides immediate income potential.; - Leased for 5 years at $1,000 per month triple net.; - Located in the business district of Watkins Glen.
    (716) 913-7107
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    Watkins Glen, NY 14891
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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
    205 N Franklin St Watkins Glen, NY 14891
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