82 Main StSavona, NY 14879

  • Turn key restaurants
  • 4,213 SF
For Sale
$275,000 View listing

Property Details for 82 Main St

Year built
1966
Lot size
0.71 AC
Property size (Sq ft)
4,213 SF
Zone code
04 - FARM
Property type
Turn key restaurants
APN
462403 206.06-01-004.000
APU
4624032060601004000

Description

This thriving, turnkey restaurant in Savona, New York presents a unique investment opportunity. Located at 82 Main St, this 4,213 square foot establishment is priced at $275,000 ($65.27/sq ft). The property sits on a 0.71-acre lot and includes an attached owner's apartment, ideal for live-in management or additional income potential. The current owner is retiring, making this a seamless transition for a new operator to step in and continue the successful restaurant operation. The business benefits from its established presence in a desirable location. The sale includes all existing restaurant equipment and fixtures, making it a truly turnkey operation. Serious inquiries only

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,000,084
    6.5%
    $923,154
    7%
    $857,214
  • Comparable approach

    Method
    Valuation
    Relative Method
    $969,928
    Geo Method
    $667,900
  • Alternative Use

    Use
    Valuation
    Residential
    $778,715
    Hospitality
    $713,299
    Educational
    $593,456
    Medical
    $613,866
    Retail
    $923,154

Location Insight

City
Savona
County
Steuben
State
New York
Latitude
42.2808
Longitude
-77.2204
CBSA code
18500
CBSA name
CORNING, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$88,400
$96,600
$185,000
-
$88,400
$96,600
$185,000

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