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    223-301 N Franklin St Watkins Glen, NY 14891

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    For Sale
    $450,000

    Two-building commercial property in Watkins Glen, NY for sale.

    Property size:
    12,200 SF

    Property Features for 223-301 N Franklin St

    General Information

    Size
    12,200 SF

    Building Details

    Year built
    1950

    Source: Ronald Gunner Tronolone Agent Ronald Gunner Tronolone

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

    Overview

    Watkins Glen Investment Opportunity

    This commercial property features two buildings, each with two stories and constructed of brick and frame. The property, located in the Village of Watkins Glen, is currently leased to two established businesses: Rooster Fish Brew Pub (223 N Franklin, 5800 sq ft) and The Wildflower Cafe (301 N Franklin, 6220 sq ft). The sale is subject to the tenant's rights. The current lease agreement is for 5 years with options to renew at $2500 per month, triple net, for both spaces. The sale includes the real estate only, as all equipment is owned by the tenant. Both businesses are considered staples in the Village and attract visitors to Watkins Glen for auto racing, wine tours, and vacations. The total property size is 12200 sq ft.
    Location Intelligence

    Current Use by Public Records

    Pubs

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Watkins Glen
    County
    Schuyler
    State
    New York
    Longitude
    -76.8740063
    Latitude
    42.3811906

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    FAQs

    What type of property is this?
    Pub - Two-building commercial property in Watkins Glen, NY for sale.
    Where is this pub located?
    The property is located at 223-301 N Franklin St Watkins Glen, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Leased for 5 years at $2500/month triple net for both spaces, providing immediate income.; - Two established businesses (Rooster Fish Brew Pub and The Wildflower Cafe) are tenants.; - Located in the Village of Watkins Glen, a popular tourist destination.
    (716) 913-7107
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    223-301 N Franklin St 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
    223-301 N Franklin St Watkins Glen, NY 14891
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