365 Harry L Dr, Johnson City, NY 13790-1471
This thriving pizzeria, "Pizza on the Plaza," is a fantastic opportunity for an owner-operator or expansion-minded food truck business. Located at 365 Harry L Dr, Johnson City, NY 13790, this 1,950 square foot restaurant boasts 70 seats and a full bar. The property is situated in a busy plaza with a loyal customer base exceeding 30 years, benefiting from high traffic due to its proximity to a hospital, school athletic fields, and a university. The current lease is a net lease with 1.5 years remaining, and new lease options are available at comparable terms. The current base rent is a very reasonable $1975. The business has earned a reputation as a top 10 pizza establishment in the greater Binghamton area. Ample parking is available with 100 spaces in the plaza. This presents a unique opportunity to acquire a well-established restaurant with significant growth potential in a prime location. The business is being offered at $89,900. The relatively small seating capacity (70 seats) allows for efficient staffing and operational management.
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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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
USF · Johnson City, NYJohnson City. 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.