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    308 N Franklin St Watkins Glen, NY 14891

    For Sale
    $399,000

    Restaurant with equipment, seating, and bar in business district.

    Lot size:
    0.04 Acres

    Property Features for 308 N Franklin St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1900

    Source: Keller Williams Realty Southern Tier & Finger Lakes Agent Kenneth Leath

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

    Overview

    Turnkey Restaurant Opportunity in Dix

    This property presents an opportunity to establish a restaurant in the heart of the business district on Franklin Street. The building, formerly a pizza shop, includes all existing equipment, which remains in place and fully operational. The first floor accommodates seating for 45 people and features a kitchen with a gas-fired pizza oven visible to customers. Seating options include individual tables and a bar equipped with beer taps using a glycol system. The second floor mirrors the layout of the first, excluding the kitchen, and provides seating for 47 people, including tables and additional seating at a second bar. All furniture, fixtures, and equipment are included. This property is suitable for restaurant and retail businesses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Atlas Brick Oven ... 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
    -76.8735005
    Latitude
    42.3810611

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    FAQs

    What type of property is this?
    Restaurant - Restaurant with equipment, seating, and bar in business district.
    Where is this restaurant located?
    The property is located at 308 N Franklin St Watkins Glen, NY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Fully equipped and operational restaurant, formerly a pizza shop, ready for immediate occupancy.; - Prime location on busy Franklin Street in the heart of Watkins Glen's business district.; - Two floors with seating for a total of 92 people.
    (607) 769-8263
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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
    308 N Franklin St Watkins Glen, NY 14891
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