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302 Barringer Rd
Ilion, NY 13357
Retail Property For Sale

Investment Highlights

  • Established banquet, dining, and tavern destination with a long-standing local presence and a reputation built through years of family ownership.
  • Turn-key acquisition opportunity including the business, real estate, and equipment, supporting a smooth ownership transition.
  • Ample on-site parking and a generous commercial-site layout provide convenience for patrons, event attendees, and daily restaurant operations.
  • Flexible event venue designed to accommodate weddings, graduations, anniversaries, birthday celebrations, corporate gatherings, and other special occa
  • Covered outdoor gathering area enhances seasonal event capabilities and expands guest entertainment options during warmer months.
  • Located near Ilion Park, Central Valley Academy, and surrounding community amenities, benefiting from established local visibility and recurring custo

Executive Summary

New listing - a rare chance to acquire one of the area's most beloved dining and entertainment destinations, where community tradition, serious flavor, and lively celebration meet under one remarkably versatile roof. This well-established, family-owned commercial property offers approximately 8,910 square feet of opportunity in a commercially zoned setting, with the business, building, and equipment creating an exceptional turn-key package. Equal parts banquet event center, pizzeria, and sports bar tavern, Designed to host everything from weddings and graduations to birthday parties and anniversaries, the venue accommodates up to 200 guests with ease, while a covered outdoor area extends the experience beautifully through the summer season. Inside, the atmosphere balances welcoming charm with revenue-ready flexibility: gathering spaces for celebrations, dining areas for everyday service, and a bar scene that keeps game day energy humming. Yes, there is even room for that one guest who insists they are 'just here for one slice. The menu reputation is already in place, with award-winning offerings ranging from elevated steakhouse fare to authentic Italian favorites, pizza, wings, and more. For an operator seeking immediate momentum and future upside, this is the kind of establishment buyers wait for and competitors quietly envy. A generous lot, ample parking, and close proximity to Ilion Park, Central Valley Academy, and everyday conveniences add even more value to this community staple. With three bathrooms, strong local recognition, and owners ready to retire after building something special, the stage is set for a seamless transition into your next chapter. With room to refine catering, expand events, or elevate late-night traffic, the growth story feels refreshingly unfinished. Bring your vision, your hospitality, and perhaps your secret sauce, and schedule a private tour today.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,910 SF
Building Class
C
Year Built
1930
Price
$1,500,000
Price Per SF
$168.35
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
1.00 AC
Zoning
R1

Amenities

  • Restaurant

Property Taxes

Property Taxes

Parcel Number
212801-119-051-0001-034-000-0000
Land Assessment
$13,400
Improvements Assessment
$151,300
Total Assessment
$164,700
  • Listing ID: 41333874

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: 302 Barringer Rd, Ilion, NY 13357

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