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Four-Story Brick Restaurant
For Sale
$1,199,000

640 Varick Street, Utica, NY 13502

CommercialSale, Utica, NY

Property Size24,200 SF
Lot Size0.20 Acres
Price / SF$49.55
Days on Market77

Property Features for 640 Varick Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning com1
Zoning description Business
Rooms Basement
Parking 22
Subdivision Cosbys Manor
Lot features Rectangular, Rectangular Lot
Elementary school district Utica
Middle school district Utica
High school district Utica
Standard status Active
APN 301600-318-033-0002-060-000-0002
Size 24,200 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 6976

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas, Electric (Heating), Zoned
Cooling system Zoned, Central Air
Water source Public

Amenities

paved parking lot
security cameras
outdoor deck
stage

Building Details

Year built 1970
Floors in Building 4
Flooring type Varies, Hardwood
Building materials Brick, SprayFoamInsulation
Roof type Flat
Listing Agency: Keller-Williams Mohawk Valley · Keller Williams Realty
Listed By: Thomas Karrat · License #10401388394
Added: Jun 8 Changed: Aug 19 Last Checked: Aug 23 at 5:06PM
MLS# S1688436

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-level brick restaurant property includes an operating pizzeria and lounge business on the first floor. The established operation features separate pizzeria seating, a restaurant and bar area, a concrete main bar exceeding 50 feet, a performance stage, and a late-night food menu. An outdoor deck and exterior bar extend the venue’s service and event areas. The sale includes operating equipment and the existing business, Lukins brick oven pizzeria and lounge.

Located in Utica’s Scenic and Historic district, the property includes a paved parking lot, a security light pole, and 24 security cameras serving interior and exterior areas. Renovation work included storefront improvements, 300-amp electrical service, plumbing, standard and accessible bathrooms, HVAC, and other operating upgrades. The upper three floors offer a stated redevelopment concept for 12 apartments, subject to completion of renovations. Public water and sewer serve the building, with zoned heating and cooling systems.

Key Highlights

  • Operating pizzeria and lounge business included with the property
  • Brick building with restaurant, lounge, stage, outdoor deck, and exterior bar areas
  • Upper floors identified for redevelopment into 12 apartments after renovations

Property Analytics

Current Use

Lukins Brick Oven ... Restaurant

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Storage Facility Veterinary Clinic Nail Salon

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

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 35%
Dunkin' Donuts Dining
12,006 visits/mo 0.3 miles
NBT Bank Shops & Services
5,079 visits/mo 0.5 miles
Dunkin' Donuts Dining
4,921 visits/mo 0.5 miles
Family Dollar Shops & Services
3,860 visits/mo 0.2 miles

Demographics for 13502, NY

33,990
Population
15,337
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
51.4 sq mi
ZIP Area
661
Density / Sq Mi
$59,530
Median Household Income
$36,927
Median Earnings
$965
Median Rent
$149,600
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 - Operating pizzeria and lounge with event facilities, outdoor service areas, and a dedicated paved parking lot.
Where is this conventional restaurant located?
The property is located at 640 Varick Street Utica, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Operating pizzeria and lounge business included with the property; Brick building with restaurant, lounge, stage, outdoor deck, and exterior bar areas; Upper floors identified for redevelopment into 12 apartments after renovations
More about this property
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