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Highlights

  • Approx. 1,988 SF storefront restaurant/retail space for lease in historic former Bank Building.
  • Currently equipped for Restaurant operations...restaurant equipment can be leased separately
  • Versatile space; can be used for retail, office, or service-oriented businesses
  • Located on NYS Rt. 14 (N. Franklin St.) in Downtown Watkins Glen
  • Beautiful interior finishes providing loads of character, tin ceilings, woodwork
  • Beautiful natural light, high ceilings, historic character

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,988 SF
  • Negotiable
  • $15.95 CAD/SF/YR $1.33 CAD/SF/MO $31,709 CAD/YR $2,642 CAD/MO
  • Modified Gross
Space Use
Retail
Availability
Now

Approximately 1,988 SF, first floor storefront restaurant/retail space available for lease in historic former bank building. Located on NYS Rt. 14 (N. Franklin St.) in Downtown Watkins Glen. Currently equipped for restaurant operations; restaurant equipment can be leased separately. Space can be easily converted to retail or office uses. Beautiful interior finishes providing loads of character including tin ceilings, wood work, etc.

  • Listed rate may not include certain utilities, building services and property expenses
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor 1,988 SF Negotiable $15.95 CAD/SF/YR $1.33 CAD/SF/MO $31,709 CAD/YR $2,642 CAD/MO Modified Gross

1st Floor

Size
1,988 SF
Term
Negotiable
Rental Rate
$15.95 CAD/SF/YR $1.33 CAD/SF/MO $31,709 CAD/YR $2,642 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Availability
Now

Approximately 1,988 SF, first floor storefront restaurant/retail space available for lease in historic former bank building. Located on NYS Rt. 14 (N. Franklin St.) in Downtown Watkins Glen. Currently equipped for restaurant operations; restaurant equipment can be leased separately. Space can be easily converted to retail or office uses. Beautiful interior finishes providing loads of character including tin ceilings, wood work, etc.

  • Listed rate may not include certain utilities, building services and property expenses
  • Located in-line with other retail

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 1,988 SF
Property Type Retail
Gross Leasable Area 3,976 SF
Year Built 1960

About the Property

3976 square foot mixed use building on a 0.1 acre parcel.

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Community Bank
HSBC
Tops Friendly Markets
  • Listing ID: 39907527

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 221 N Franklin St, Watkins Glen, NY 14891

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