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1424 Main St 6,135 SF Vacant Retail Building Sylvan Beach, NY 13157 $659,900 ($107.56/SF)
INVESTMENT HIGHLIGHTS
- Captain John’s Restaurant & Shipwreck Bar, a family-owned and operated business thriving for over 50 years.
- Property includes a fully equipped and meticulously maintained bar and restaurant, known for its loyal following and complete with strong financials.
- This turn-key property is ideally suited for an owner-operator or savvy investor seeking a proven, profitable enterprise in Central New York
EXECUTIVE SUMMARY
Step into a rare opportunity to own one of Sylvan Beach’s most beloved and established landmarks — Captain John’s Restaurant & Shipwreck Bar, a family-owned and operated business thriving for over 50 years. This turn-key property is ideally suited for an owner-operator or savvy investor seeking a proven, profitable enterprise in the heart of one of Central New York’s most visited waterfront villages. The property includes a fully equipped and meticulously maintained bar and restaurant, known for its loyal following and complete with strong financials. Above the restaurant are two well-kept residential apartments, offering additional income or on-site living. Sitting proudly on a large corner lot with ample parking and water views of Oneida Lake, the building is in exceptional condition inside and out. The versatile layout provides endless potential — continue the legacy of Captain John’s, bring your own restaurant or retail concept, or repurpose the structure and property entirely for a new vision. Prime Location Highlights: - Located right on the hustle and bustle of Main St! - Just one block from Sylvan Beach’s public beach access. - Tourists and visitors flock to Sylvan Beach each year, drawn by its waterfront charm, entertainment, and family attractions. - Minutes from premier regional destinations including: The Cove at Sylvan Beach (Oneida Nation’s luxury cottage and marina development), The Lake House at Sylvan Beach (casino, dining, and event venue), Sylvan Beach Amusement Park, Turning Stone Resort & Casino (~15 minutes), Griffiss Business & Technology Park / Airforce Base (~20 minutes), City of Utica (~25 minutes), Proposed Site of the NEW Chobani Dairy Processing Facility (~20 minutes), Gateway to the Adirondacks for year-round recreation, This property combines the best of both worlds — a proven, profitable business and exceptional real estate value in one of Central New York’s fastest-growing leisure markets. Whether you are looking to carry on a half-century legacy or create something entirely new, 1424 Main Street offers unmatched potential in an unbeatable location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,135 SF
Building Class
B
Year Built/Renovated
1973/2020
Price
$659,900
Price Per SF
$107.56
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.77 AC
Zoning
VC - Village Center District
Parking
50 Spaces (8.15 Spaces per 1,000 SF Leased)
Frontage
167’ on Main Street
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 236-019-0007-001-000-0000 | Improvements Assessment | $211,100 |
| Land Assessment | $38,900 | Total Assessment | $250,000 |
PROPERTY TAXES
Parcel Number
236-019-0007-001-000-0000
Land Assessment
$38,900
Improvements Assessment
$211,100
Total Assessment
$250,000
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Presented by
The O'Hara Group
1424 Main St
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