Property summary
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.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Physical attributes from public recordsZoning & alternative use
B3 · Newark, NYZoning
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Zoning designation
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