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Property profile & analytics
FOR SALE
Turn key restaurants

1424 Main St Sylvan Beach, NY 13157

6,135 SF 0.84 ac lot Built 1973
Individually Owned 20-yr Hold Free & Clear
Property ID
US63-2458383
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1424 Main St in Sylvan Beach, NY, presents a unique investment opportunity. The 6,135 square foot building, constructed in 1973, sits on a 0.84-acre lot and boasts a prime commercial zoning designation. Currently operating as the well-established Captain John's Restaurant, this two-story, two-unit building offers a turnkey operation with significant potential for continued success. The restaurant enjoys a strong reputation as a local favorite and tourist attraction, having served the community for 50 years. The ample paved parking lot ensures convenient access for patrons. The building is in excellent condition, requiring no immediate repairs or renovations, allowing a new owner to focus on operations and growth. Its location in the heart of Sylvan Beach, a thriving resort town on Oneida Lake, provides unparalleled access to a large customer base. The property's proximity to Utica and Syracuse further enhances its appeal. This is an ideal opportunity for an owner-user seeking a profitable business venture or an investor looking for a strong return on investment in a desirable location. The property's versatility allows for various uses, including continued operation as a restaurant, Airbnb rentals, or retail spaces. Don't miss this chance to own a piece of Sylvan Beach's rich history and vibrant future.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Total area 6,135 SF
Lot 0.84 ac (36,624 SF)
Zoning code V
APN 306401 236.019-7-1
UPID US63-2458383
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Captain John's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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by Request
Owner & transaction history
Andy Brown · 20 yrs held
Andy Brown
since 2006
1 recorded transaction
2006
$350,000
Zoning & alternative use
V · Sylvan Beach, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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