Diner Restaurant with
22474 Us Route 11 Watertown, NY 13601
22474 Us Route 11, Watertown, NY, 13601
$225,000
For Sale
$225,000
For sale diner offering seating for about 35 and an included inventory package as part of the sale.
Property Size1,600 SF
Price / SF$140.63
Days on Market559
Property Features for 22474 Us Route 11
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1960
Listing agency
Howard Hanna-Watertown
(315) 788-4444
Listed by
Vicki Bulger
(315) 788-4444
Source
Xome
Added: Jan 9, 2025 Updated: Jul 22 at 2:08AM Checked: Jul 22 at 2:08AM
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 Howard Hanna-Watertown
Investment Insights
Based on property information with market context.
This for-sale diner property includes both the building and the operating business, along with the inventory. The restaurant is set up for guest dining with seating for about 35.
The Crossroads Diner has been operating as a long-time restaurant on US Route 11, with the public remarks describing it as a local staple for decades.
The property is listed at approximately 1,600 square feet, providing a compact footprint for a turn-key foodservice concept centered on the diner experience.
The Crossroads Diner has been operating as a long-time restaurant on US Route 11, with the public remarks describing it as a local staple for decades.
The property is listed at approximately 1,600 square feet, providing a compact footprint for a turn-key foodservice concept centered on the diner experience.
Key Highlights
- Crossroads Diner for sale on Rte 11 with building and business included in the sale
- Seating for about 35
- Includes inventory package as part of the sale
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.8k | $14.28 |
| − Vacancy | −$960 | −$0.60 |
| EGI | $21.9k | $13.68 |
| − OpEx | −$5.5k | −$3.42 |
| NOI | $16.4k | $10.26 |
1,600 SF · lease $14.28/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$234.5K
$205.2K – $273.6K
NOI $16,416 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$441.1K
$385.9K – $514.6K
NOI $30,874 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Breakfast & diners
Similar For Sale Nearby
FAQs
What type of property is this?
Breakfast & diner - For sale diner offering seating for about 35 and an included inventory package as part of the sale.
Where is this breakfast & diner located?
The property is located at 22474 Us Route 11 Watertown, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Crossroads Diner for sale on Rte 11 with building and business included in the sale; Seating for about 35; Includes inventory package as part of the sale
