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Property profile

3947 State Route 19 Scio, NY 14880

OFF-MARKET
Commercial real estate
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2,044 SF 0.22 ac lot Built 1970

Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity in Scio, NY, presents a rare chance to acquire a well-established business with significant potential. Located at 3947 State Route 19, on the corner of County Road 9, this property benefits from high daily traffic counts due to its prime location just off State Route 19. The 2,044 square foot building boasts a spacious dining area, perfect for hosting events and parties, in addition to regular service. The restaurant features a full menu, including a popular Friday Fish Fry, and a well-stocked bar. The building is in excellent condition, equipped with central air conditioning and a large walk-in cooler. Most of the existing equipment and furniture will be included in the sale, minimizing start-up costs for the new owner. A sizable blacktop parking lot provides ample space for customers. The 0.22-acre lot ensures convenient access and visibility. The current owner is retiring, creating a unique opportunity for a motivated buyer to step into a successful, established business with minimal competition in the surrounding area. This is a truly exceptional opportunity for an entrepreneur seeking a profitable venture in a desirable location. The asking price is $199,900.

Property profile

Verified
Property type Commercial real estate
Year built 1970
Total area 2,044 SF
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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