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Restaurant and Apartment For Sale
For Sale
$259,900

401 East Fourth Street, Watkins Glen, NY 14891

Restaurant with apartment in downtown Watkins Glen. Business opportunity!

Property Size3,822 SF
Days on Market145

Property Features for 401 East Fourth Street

General Information

Standard status Active
Size 3,822 SF
Property subtype Business

Taxes and HOA fees

Annual Taxes $6,630

Building Details

Building Size 3,822 SF
Year Built 1963
Listing Agency: Franzese Real Estate
Listed By: Shawna Lott · License #10301219370
Source: Griffith-realty
Added: Apr 2 Changed: Aug 23 Last Checked: Aug 20 at 11:22AM

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 Franzese Real Estate

Investment Insights

Based on property information with market context.

This property offers a 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 have passed inspections. Equipment, fixtures, and furniture are included. The property benefits from high visibility and an excellent location. The bike score is 54, indicating it is bikeable, and the walk score is 71, meaning it is very walkable.

Key Highlights

  • Restaurant with full commercial kitchen, bar, indoor seating, outdoor patio and private parking lot in downtown Watkins Glen.
  • Fully renovated, rented 2‑bedroom apartment provides immediate rental income.
  • Includes equipment, fixtures, and furniture.

Property Analytics

Current Use

Skal tasting room ... 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.

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
Under-served
Demand for This Use

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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant with apartment in downtown Watkins Glen. Business opportunity!
Where is this conventional restaurant located?
The property is located at 401 East Fourth Street Watkins Glen, NY.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Restaurant with full commercial kitchen, bar, indoor seating, outdoor patio and private parking lot in downtown Watkins Glen.; Fully renovated, rented 2‑bedroom apartment provides immediate rental income.; Includes equipment, fixtures, and furniture.
More about this property
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