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1121 E Union St 7,370 SF Specialty Building Offered at $700,000 in Newark, NY 14513
INVESTMENT HIGHLIGHTS
- Turn-Key established Restaurant
- Modern up-to-date equiptment.
- 2nd Floor 3 Bedroom Apartment
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $700,000 | Lot Size | 1.56 AC |
| Price Per SF | $94.98 | Building Size | 7,370 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1970/2015 |
| Property Type | Specialty | Parking Ratio | 2.71/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | B3 - General Business | ||
| Price | $700,000 |
| Price Per SF | $94.98 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 1.56 AC |
| Building Size | 7,370 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2015 |
| Parking Ratio | 2.71/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | B3 - General Business |
AMENITIES
- Signage
ABOUT 1121 E UNION ST , NEWARK, NY 14513
Turnkey Restaurant Opportunity with Apartment and Garage – Cross Park, Newark, NY. Are you ready to step into the restaurant business? Cross Park, a fully operational and well-established 182-seat restaurant in the heart of Newark, NY, is now available! This turn-key property includes everything you need to continue running a successful dining establishment or bring your own vision to life. Restaurant Highlights: 182 seats with a spacious dining area, perfect for accommodating large parties, events, or steady everyday business. Fully equipped kitchen with new walk-in freezer and all appliances included. Recently repaved parking lot offering ample parking for customers. A strong reputation and convenient location on State Route 31. Additional Features of the building: Second floor Three-bedroom apartment: Ideal for an owner-operator or rental income. Large garage: Great for storage or additional operational needs. All equipment, furnishings, and fixtures are included – just turn the key and start your business! This property is a rare opportunity to own a thriving restaurant with additional living or income potential in the Newark, NY community. Don’t miss your chance to invest in this gem! Contact us today to schedule a viewing and take the first step toward owning Cross Park.
PROPERTY TAXES
| Parcel Number | 542001-068-110-0008-861-990-0000 | Improvements Assessment | $355,500 |
| Land Assessment | $64,500 | Total Assessment | $420,000 |
PROPERTY TAXES
Presented by
Doebler Realty Inc
1121 E Union St
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