1424 Main St - Restaurant FOR SALE


Sylvan Beach, NY 13157
$659,900 USD
315-447-8620
1424 Main St, Sylvan Beach, NY for Sale
$659,900 USD
Restaurant - FOR SALE
1/55
null | Request Cap Rate

1424 Main St
Sylvan Beach, NY 13157


HIGHLIGHTS

  • Captain John’s Restaurant & Shipwreck Bar, a family-owned and operated business thriving for over 50 years.
  • This turn-key property is ideally suited for an owner-operator or savvy investor seeking a proven, profitable enterprise in Central New York
  • Property includes a fully equipped and meticulously maintained bar and restaurant, known for its loyal following and complete with strong financials.

OVERVIEW

Step into a rare opportunity to own one of Sylvan Beach’s most beloved and established landmarks — Captain John’s Restaurant & Shipwreck Bar, a family-owned and operated business thriving for over 50 years. This turn-key property is ideally suited for an owner-operator or savvy investor seeking a proven, profitable enterprise in the heart of one of Central New York’s most visited waterfront villages. The property includes a fully equipped and meticulously maintained bar and restaurant, known for its loyal following and complete with strong financials. Above the restaurant are two well-kept residential apartments, offering additional income or on-site living. Sitting proudly on a large corner lot with ample parking and water views of Oneida Lake, the building is in exceptional condition inside and out. The versatile layout provides endless potential — continue the legacy of Captain John’s, bring your own restaurant or retail concept, or repurpose the structure and property entirely for a new vision. Prime Location Highlights: - Located right on the hustle and bustle of Main St! - Just one block from Sylvan Beach’s public beach access. - Tourists and visitors flock to Sylvan Beach each year, drawn by its waterfront charm, entertainment, and family attractions. - Minutes from premier regional destinations including: The Cove at Sylvan Beach (Oneida Nation’s luxury cottage and marina development), The Lake House at Sylvan Beach (casino, dining, and event venue), Sylvan Beach Amusement Park, Turning Stone Resort & Casino (~15 minutes), Griffiss Business & Technology Park / Airforce Base (~20 minutes), City of Utica (~25 minutes), Proposed Site of the NEW Chobani Dairy Processing Facility (~20 minutes), Gateway to the Adirondacks for year-round recreation, This property combines the best of both worlds — a proven, profitable business and exceptional real estate value in one of Central New York’s fastest-growing leisure markets. Whether you are looking to carry on a half-century legacy or create something entirely new, 1424 Main Street offers unmatched potential in an unbeatable location.

FOR SALE DETAILS

PRICE

$659,900 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

VC

APN/PARCEL ID

236-019-0007-001-000-0000

ASK ABOUT THIS PROPERTY

Connor SchwartzThe O'Hara GroupMore Info
315-447-8620

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Connor SchwartzThe O'Hara GroupMore Info
315-447-8620

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.