Property summary
This exceptional turnkey restaurant opportunity in Forestport, NY, presents a rare chance to acquire a well-established and profitable business. Located at 11770 Obrien Rd, this 3,820 square foot property sits on a 1.84-acre lot and boasts a rich history, having operated successfully since 1948. Currently specializing in steak, seafood, and Italian cuisine, the restaurant has a loyal following of both locals and tourists. The spacious dining area comfortably seats 170 guests, complemented by a 10-seat bar and a private room ideal for banquets or parties (up to 40 guests). A fully equipped kitchen features propane appliances, an electric dishwasher, and pizza ovens. The property includes two drilled wells and a 10-year-old septic system. Recent improvements include a new walk-in cooler, business office, storage space, and a living area – perfect for an owner-operator. All equipment is included in the sale price of $225,000. This is a remarkable opportunity to own a thriving restaurant with a proven track record and significant growth potential. The restaurant is open year-round, serving the local community and seasonal visitors. The sturdy original seating and newly refurbished booths enhance the dining experience.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Forestport, NYZoning
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Zoning designation
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