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2534 State Route 31 3,900 SF Specialty Building Offered at $449,000 in Palmyra, NY 14522
Investment Highlights
- Newly remodeled with a friendly atmosphere
- Lots of natural light
- Very loyal patrons
Executive Summary
Popular Long-Standing Restaurant – Real Estate Included
Exceptional opportunity to own a well-established, profitable restaurant with both the business and property included. Operating successfully for 25 years, this beloved local favorite has built a loyal clientele who consistently praise the homemade food, outstanding service, and warm, friendly atmosphere.
Recently remodeled and fully equipped, this turn-key operation is ready for a seamless transition. The owners are retiring, creating a rare chance to step into a proven concept with strong community roots.
Business Price: $175,000
Property Price: $275,000
Profitable operation
Fully equipped kitchen & dining space
Loyal, repeat customer base
Newly updated interior
Own the real estate and the reputation — a solid investment with immediate income potential.
Exceptional opportunity to own a well-established, profitable restaurant with both the business and property included. Operating successfully for 25 years, this beloved local favorite has built a loyal clientele who consistently praise the homemade food, outstanding service, and warm, friendly atmosphere.
Recently remodeled and fully equipped, this turn-key operation is ready for a seamless transition. The owners are retiring, creating a rare chance to step into a proven concept with strong community roots.
Business Price: $175,000
Property Price: $275,000
Profitable operation
Fully equipped kitchen & dining space
Loyal, repeat customer base
Newly updated interior
Own the real estate and the reputation — a solid investment with immediate income potential.
Property Facts
| Price | $449,000 | Lot Size | 1.36 AC |
| Price Per SF | $115.13 | Building Size | 3,900 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1950/2015 |
| Property Type | Specialty | Parking Ratio | 5.9/1,000 SF |
| Building Class | C | ||
| Zoning | 05 - Comme | ||
| Price | $449,000 |
| Price Per SF | $115.13 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 1.36 AC |
| Building Size | 3,900 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2015 |
| Parking Ratio | 5.9/1,000 SF |
| Zoning | 05 - Comme |
About 2534 STATE ROUTE 31 , PALMYRA, NY 14522
3,900 square foot restaurant with seating for 145. Restaurant sits on a 3.9 acre lot with plenty of parking for patrons.
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Property Taxes
| Parcel Number | 543000-063-111-0000-991-614-0000 | Improvements Assessment | $271,400 |
| Land Assessment | $49,100 | Total Assessment | $320,500 |
Property Taxes
Parcel Number
543000-063-111-0000-991-614-0000
Land Assessment
$49,100
Improvements Assessment
$271,400
Total Assessment
$320,500
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2534 State Route 31
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