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108 N Franklin St, Watkins Glen, NY, 14891
Watkins Glen Mixed-Use Investment

108 N Franklin St Watkins Glen, NY 14891

For Sale
$1,450,000

Historic mixed-use property with restaurant, bar, and apartments.

Days on Market95

Property Features for 108 N Franklin St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1892
Listing Agency:
Listed By: Shawna Lott
Source: Elliman
Added: Apr 26 Changed: Jul 10 Last Checked: Jul 29 at 10:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shawna Lott

Investment Insights

Based on property information with market context.

Located in the heart of Watkins Glen, this mixed-use property, historically known as the "Watkins Hotel," is situated two blocks from Seneca Lake. The first floor features a bar and restaurant with a long-term lease, with the operator covering all utilities and utilizing the basement for storage. The second and third floors house 7 fully occupied apartments, renovated within the last decade. Tenants have access to coin-operated laundry and private outdoor seating. The landlord covers cable, Wi-Fi, trash, water, and sewer, while tenants pay their own electric. Tenants benefit from street parking on 1st and 2nd Streets. The second floor includes one of two outdoor seating areas overlooking the Franklin Street corridor. The property has a walk score of 71, indicating it is very walkable, and a bike score of 54, making it bikeable.

Key Highlights

  • Prime location in the heart of Watkins Glen, just two blocks from Seneca Lake
  • Mixed‑use property with a well‑established, leased bar/restaurant on the first floor providing stable income
  • Seven fully occupied, renovated apartments on the second and third floors, ensuring consistent rental income

Property Analytics

Property Profile Location Intelligence

Current Use

House of Hong Restaurant

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Storage Facility Skin Care Clinic Computer & Electronic Repair Electrical Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use property with restaurant, bar, and apartments.
Where is this mixed-use property located?
The property is located at 108 N Franklin St Watkins Glen, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime location in the heart of Watkins Glen, just two blocks from Seneca Lake; Mixed‑use property with a well‑established, leased bar/restaurant on the first floor providing stable income; Seven fully occupied, renovated apartments on the second and third floors, ensuring consistent rental income
More about this property
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