601 Erie St - Restaurant FOR SALE


Elmira, NY 14904
$200,000 USD
607-207-0307
601 Erie St, Elmira, NY for Sale
$200,000 USD
Restaurant - FOR SALE
1/24
null | Request Cap Rate

NEW


601 Erie St
Elmira, NY 14904


HIGHLIGHTS

  • Newely rennovated kitchen
  • New Kitchen Equipment
  • High Traffic

OVERVIEW

An exciting opportunity awaits with this well-established bar and restaurant located on a prominent corner lot in the heart of Elmira. This turnkey operation offers everything needed to step in and start business immediately. Inside, you'll find a spacious dining room with 22 tables, a full-service bar, and a dedicated dance floor, creating an inviting atmosphere for customers to dine, drink, and enjoy live entertainment. The fully equipped commercial kitchen features new stoves and a high-efficiency, temperature-controlled range hood, ensuring smooth and cost-effective operation. All kitchen and bar equipment, as well as fixtures, are included in the sale. Above the business is a 2-bedroom apartment, currently utilized as office space, offering added versatility—convert back to living quarters or continue as functional workspace. Recent upgrades to the property include a new metal roof, a new AC condenser with new blower motors for efficient cooling, updated fire alarm system, upgraded electrical work & more. In addition to the business for sale is the parking lot across the street. This corner-lot property offers excellent visibility, easy access, and a strong presence in a lively part of Elmira. Whether you're an experienced operator or an entrepreneur looking for a ready-to-go venture, this property offers tremendous value and potential. Don’t miss your chance to own a staple in the Elmira dining and nightlife scene.

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,662 SF

ZONING

Commercial

APN/PARCEL ID

070400-099-012-0002-002-000-0000

ASK ABOUT THIS PROPERTY

Adrian IrvinWarren Real Estate Of Elmira/CorningMore Info
607-207-0307

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Adrian IrvinWarren Real Estate Of Elmira/CorningMore Info
607-207-0307

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