11770 Obrien Rd, Forestport, NY 13338-2110
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.
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Garramone's 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
Property description
Physical attributes from public recordsZoning & alternative use
01 - NOT ZONED · Forestport, NYForestport. 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.