1121 Un St Newark, NY 14513-9201
This exceptional turnkey opportunity presents a fully operational 182-seat restaurant situated in Newark, NY, on a 1.56-acre lot. The property boasts a spacious dining area ideal for large gatherings and consistent daily business. The fully equipped kitchen includes a new walk-in freezer and all necessary appliances, ready for immediate use. A recently repaved parking lot ensures ample customer parking. The restaurant enjoys a prime location on State Route 31 and benefits from an established reputation within the community. Beyond the restaurant, the property includes a three-bedroom apartment on the second floor, perfect for owner occupancy or generating rental income. A large garage provides valuable storage space or additional operational capacity. All equipment, furnishings, and fixtures are included in the sale price of $950,000, making this a truly turnkey operation. The 7,370 square foot building offers a rare chance to acquire a thriving restaurant with significant additional income potential. This is an exceptional investment opportunity in a desirable location. Don't miss this chance to own a well-established business with immediate income potential and significant upside.
-
CrossPark Family Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B3 · Newark, NYNewark. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.