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INVESTMENT HIGHLIGHTS
- Recent Upgrades: New Ansul system, carpeting, windows, & roof
- Full commercial kitchen with U-shaped bar seating & spacious dining room
- Rich history of Balloons established in 1934, family-owned since 1991
- High Traffic counts: 25,143 VPD on Arterial Highway East, 2,875 VPD on Washington Street, just off US Route 20 with 21,064 VPD
EXECUTIVE SUMMARY
For Sale: $495,000
» 4,380 SF on 0.17 acres
» 12 parking spaces with building & free street parking
» Prominent historic steakhouse in Cayuga County, currently Balloons Restaurant & Catering included with sale
» Recent Upgrades: New Ansul system, carpeting, windows, & roof
» High Traffic counts: 25,143 VPD on Arterial Highway East, 2,875 VPD on Washington Street, just off US Route 20 with 21,064 VPD
» Rich history of Balloons established in 1934, family-owned since 1991
» Full commercial kitchen with U-shaped bar seating & spacious dining room
» 4,380 SF on 0.17 acres
» 12 parking spaces with building & free street parking
» Prominent historic steakhouse in Cayuga County, currently Balloons Restaurant & Catering included with sale
» Recent Upgrades: New Ansul system, carpeting, windows, & roof
» High Traffic counts: 25,143 VPD on Arterial Highway East, 2,875 VPD on Washington Street, just off US Route 20 with 21,064 VPD
» Rich history of Balloons established in 1934, family-owned since 1991
» Full commercial kitchen with U-shaped bar seating & spacious dining room
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,380 SF
Building Class
C
Year Built
1950
Price
$495,000
Price Per SF
$113.01
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Lot Size
0.18 AC
Zoning
R2
Parking
4 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 050100-115-051-0001-020-000-0000 | Improvements Assessment | $144,600 (2024) |
| Land Assessment | $30,600 (2024) | Total Assessment | $175,200 (2024) |
PROPERTY TAXES
Parcel Number
050100-115-051-0001-020-000-0000
Land Assessment
$30,600 (2024)
Improvements Assessment
$144,600 (2024)
Total Assessment
$175,200 (2024)
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