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    3947 Main St Scio, NY 14880

    For Sale
    $169,900

    Well-established restaurant with high traffic, equipment included, retiring owner.

    Lot size:
    0.22 Acres

    Property Features for 3947 Main St

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1970

    Source: Landquest Inc. Agent Girard Kelly

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

    Overview

    Turn-Key Restaurant on Main Street

    Mike's On the Corner restaurant is a turn-key business located on Main Street in Scio, NY. The business is located just off State Route 19 and the corner of County Road 9, benefiting from high daily traffic. This well-established and popular restaurant offered a full menu, with a particularly busy Friday Fish Fry. The bar includes a spacious dining area, which regularly hosted events and parties. The building is in very good condition and features central air conditioning throughout. A large walk-in cooler is also present. Most of the equipment and furniture will convey with the sale. The property includes a blacktop parking lot with ample parking, situated on a 0.22-acre lot. The current owner is retiring, presenting an opportunity to acquire a successful business operation with no competition for miles. The seller is motivated.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Scio
    County
    Allegany
    State
    New York
    Longitude
    -77.9762
    Latitude
    42.1768

    Nearby Similar for Sale

    • $64,900

      Scio Church Building with Redevelopment Potential

      Church property in Scio, NY, with redevelopment opportunities.
      3915 Cottage Bridge Rd, Scio, NY 14880
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Well-established restaurant with high traffic, equipment included, retiring owner.
    Where is this turn key restaurant located?
    The property is located at 3947 Main St Scio, NY.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Turn-key restaurant business opportunity.; - **High-traffic location on Main Street**, just off State Route 19 and County Road 9.; - Well-established and popular business with a history of success.
    (585) 466-3446
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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
    3947 Main St Scio, NY 14880
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