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Two-Story Restaurant & Bar Opportunity
For Sale
$289,000

308 N Franklin St, Watkins Glen, NY 14891

Two-story restaurant with two full-service bars, customer-visible brick pizza oven, central air, and walk-in cooler.

Property Size4,514 SF
Days on Market19

Property Features for 308 N Franklin St

General Information

Standard status Active
Size 4,514 SF
Property subtype Commercial

Additional Details

Road Access Yes

Amenities

full-service bar
commercial kitchen
rotating gas-fired brick pizza oven
walk-in cooler
ice maker
central air conditioning
three restrooms

Building Details

Building Size 4,514 SF
Year Built 1900
Stories 2
Listing Agency: RealtyUSA.com
Listed By: Jody Saunders · License #10401275949
Source: Elliman
Added: Jul 26 Changed: Jul 28 Last Checked: Aug 13 at 9:27AM

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 RealtyUSA.com

Investment Insights

Based on property information with market context.

This two-story restaurant and bar property offers an open, flexible layout with customer seating on both levels and existing operational infrastructure. The main level includes dining with individual tables and bar seating, a full-service bar with multiple beer taps, and a commercial kitchen featuring a rotating gas-fired brick pizza oven positioned in view of guests. Three restrooms, central air conditioning, and two furnaces support day-to-day operations, along with ample storage and work space.

A second floor provides additional seating with a similar open setup, including table seating and a second full-service bar for overflow service or private events. The partial basement includes a newer walk-in cooler and a brand-new ice maker, supporting a high-capacity beverage and food operation.

Located on highly traveled Franklin Street in downtown Watkins Glen, the property is about three blocks from Seneca Lake and the waterfront pier, in a Finger Lakes tourism market with year-round attractions and visitation tied to wineries, breweries, and local destinations.

Key Highlights

  • Two‑story commercial property in downtown Watkins Glen on Franklin Street, about three blocks from Seneca Lake waterfront pier
  • Main level seats about 38 guests with dining area, bar seating, and full‑service bar with several beer taps and a newer glycol system
  • Commercial kitchen features a customer‑visible rotating gas‑fired brick pizza oven

Property Analytics

Current Use

Atlas Brick Oven ... Restaurant

Suggested Use

Top Pick Plumbing Service Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
103k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 42% Dining 36% Shops & Services 22%
Walmart Superstores
43,220 visits/mo 0.5 miles
Burger King Dining
16,528 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,504 visits/mo 0.5 miles
Sinclair Shops & Services
10,330 visits/mo 0.3 miles
Sunoco Shops & Services
8,075 visits/mo 0.2 miles

Demographics for 14891, NY

4,140
Population
2,602
Households
1.6
Avg Household Size
46
Median Age
25%
College-Educated
91%
High-School Grad
54.4 sq mi
ZIP Area
76
Density / Sq Mi
$57,137
Median Household Income
$36,221
Median Earnings
$775
Median Rent
$146,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-story restaurant with two full-service bars, customer-visible brick pizza oven, central air, and walk-in cooler.
Where is this conventional 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 $289,000.
What are key features of this property?
This property features: Two‑story commercial property in downtown Watkins Glen on Franklin Street, about three blocks from Seneca Lake waterfront pier; Main level seats about 38 guests with dining area, bar seating, and full‑service bar with several beer taps and a newer glycol system; Commercial kitchen features a customer‑visible rotating gas‑fired brick pizza oven
More about this property
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