4,658 SqFt
4,658 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,658 sqft
Price per Sqft $57
MLS Listing ID R1674430
Construction Status Existing
HOA Y/N No
Year Built 1971
Annual Tax Amount $8,505
Lot Size 6,555 Sqft
Acres 0.1505
Lot Dimensions 50X131
Property Sub-Type Business
Property Description
The restaurant is being offered fully equipped and completely turnkey—everything needed for a seamless transition to continue operations is included in the sale. From walk-in coolers and freezers to cookware, fixtures, and equipment, all assets convey, allowing a new owner to hit the ground running.
Adding even more value, the sale includes a fully functional apartment next door—perfect for owner occupancy or as an income-producing rental to offset expenses, and boost overall returns.
To ensure a smooth and successful transition, the current owner is willing to stay on for a period of time to assist the new owner. The current owners are locals, and look forward to becoming customers, and continue to see all the friends they made at the restaurant.
If you've been waiting for the right opportunity to own a thriving restaurant with a strong community presence, this is it. Step into a business built on quality, loyalty, and heart—and carry on its legacy know as 1157 North.
Location
State NY
County Chemung
Area Elmira-City-070400
Zoning RA
Direction Elmira: College Ave to Mary St. Property is on the Corner of Mary St and N Main.
Rooms
Basement Full
Interior
Heating Gas, Forced Air, Hot Water, Radiator(s)
Cooling Central Air
Flooring Linoleum, Other, See Remarks, Vinyl, Carpet
Inclusions Land, Building and Business
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt,Flat,Rolled/Hot Mop,Shingle
Total Parking Spaces 5
Building
Lot Description Rectangular, Rectangular Lot
Building Description Brick,Frame,Concrete, Office,Phone System,Public Restrooms
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Frame,Concrete
Construction Status Existing
Schools
School District Elmira
Others
Tax ID 070400-089-006-0004-017-000-0000
Security Features Intercom
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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