1121 E Union St Newark, NY 14513
- Turn key restaurants
- 6,250 SF
- 1.56 lot acres
Current Use by Public Records
- CrossPark Family Restaurant / Family Restaurant / Breakfast Restaurant
Property Details for 1121 E Union St
- Year built
- 1996
- Lot size
- 1.56 lot acres
- Property size
- 6,250 SF
- Zone code
- B3
- Property type
- Turn key restaurants
- APN
- 542001 68110-08-861990
- APU
- 5420016811008861990
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Wayne
- State
- New York
- Longitude
- -77.076
- Latitude
- 43.045
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
