107 11th St Watkins Glen, NY 14891-1532
This exceptional investment opportunity in Watkins Glen, NY, presents a thriving restaurant, Kookalarocs Bar and Grill, known for its seafood and local cuisine, situated at 107 11th Street. The restaurant boasts a charming rustic setting, modern amenities, and a spacious outdoor terrace. Included in this $1,900,000 offering are two additional investment properties located at 106 and 109 11th Street, adjacent to the restaurant. These properties are ideally suited for short-term or long-term rentals, capitalizing on Watkins Glen's booming tourism. Watkins Glen is a vibrant tourist destination, attracting visitors year-round with its natural beauty, including Watkins Glen State Park and the Watkins Glen International racetrack. The town also offers wineries, breweries, and charming shops. This combined offering presents a unique opportunity to own a well-established restaurant and two income-generating properties in a thriving tourist market. The properties offer significant potential for both business growth and rental income, making this a compelling investment in a desirable location. The sale includes the established restaurant and two additional buildings, providing a diverse and potentially lucrative investment portfolio. This package presents a rare chance to become part of a thriving community known for its hospitality and tourism.
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Kookalaroc's Bar and Grill Restaurant
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New Image Hair Salon Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
NA · Watkins Glen, NYWatkins Glen. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.