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1157 N Main St 4,658 SF Vacant Retail Building Elmira, NY 14901 $366,524 CAD ($78.69 CAD/SF)
Investment Highlights
- Fully Equipped Bar/Restaurant
- Furniture and Equipment convey
- Business, Building, and Land included in sale
Executive Summary
After years of building a beloved, and highly successful restaurant, the current owners are ready to retire, and pass the torch to the next passionate operator. This is a rare opportunity to step into a well-established business, where both staff and customers have created a true “family” atmosphere. 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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,658 SF
Building Class
C
Year Built
1971
Price
$366,524 CAD
Price Per SF
$78.69 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.16 AC
Zoning
Res - Bar/Restaurant with attached residence in residential neighborhood
Fairly walkable
50/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 070400-089-006-0004-017-000-0000 | Improvements Assessment | $155,831 CAD |
| Land Assessment | $21,871 CAD | Total Assessment | $177,702 CAD |
Property Taxes
Parcel Number
070400-089-006-0004-017-000-0000
Land Assessment
$21,871 CAD
Improvements Assessment
$155,831 CAD
Total Assessment
$177,702 CAD
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1157 N Main St
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