455 Old Ithaca Rd, Horseheads, NY 14845-7204
This 2,318-square-foot restaurant building in Horseheads, NY, is available for $350,000. Located at 455 Old Ithaca Rd, in Chemung County, this property sits on a 0.93-acre lot and offers a turnkey opportunity for a new restaurant owner. The building is currently configured as a former pizzeria, and all existing equipment and furniture are included in the sale price. The property boasts ample paved parking, providing convenient access for customers. Its strategic location just off the highway ensures high visibility and accessibility for both local residents and travelers. The asking price of $350,000 translates to $150.99 per square foot. This presents a compelling investment opportunity in a desirable residential neighborhood with significant potential for growth and profitability. The property's existing infrastructure and included equipment minimize start-up costs and allow for a quick transition to a new business. The spacious lot offers potential for future expansion. This is a rare opportunity to acquire a well-situated, fully equipped restaurant in a thriving community. The zip code is 14845.
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Fratello's Pizza Company Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
TH02 · Horseheads, NYHorseheads. 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.