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    401 E 4Th St Watkins Glen, NY 14891

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    For Sale
    $289,000

    Restaurant and renovated apartment in Watkins Glen, business opportunity.

    Lot size:
    0.18 Acres

    Property Features for 401 E 4Th St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1963

    Source: Franzese Real Estate Agent Shawna Lott

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

    Overview

    Restaurant with Income-Generating Apartment

    This property offers an established rental income and business opportunity in downtown Watkins Glen. The first floor features a restaurant space with a full commercial kitchen, mostly new equipment, a bar, indoor seating, an outdoor patio, and a private parking lot. The second floor contains a fully renovated, rented 2-bedroom apartment, providing immediate income. The restaurant requires finishing, but previous tenants passed inspections and briefly opened. The property benefits from high visibility and an excellent location. Equipment, fixtures, and furniture are included.
    Insight Report Location Intelligence

    Current Use by Public Records

    Skal tasting room ... Restaurant

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant 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
    -76.8679871
    Latitude
    42.3819947

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    FAQs

    What type of property is this?
    Restaurant - Restaurant and renovated apartment in Watkins Glen, business opportunity.
    Where is this restaurant located?
    The property is located at 401 E 4Th St Watkins Glen, NY.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: - Established rental income from renovated 2-bedroom apartment; - Restaurant with **full commercial kitchen and mostly new equipment**; - **Prime downtown Watkins Glen location with high visibility**
    (607) 368-8237
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    401 E 4Th St Watkins Glen, NY 14891
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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
    401 E 4Th St Watkins Glen, NY 14891
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