Operating Historic Restaurant & Catering Business
Legendary Auburn Steakhouse- Includes operating thriving business & underlying real estate
Marketing description
Prominent historic steakhouse and catering for sale in the heart of Auburn, asking $459,000, includes existing thriving business. One of the finest full-service caterers in the area. 4,380 SF building on 0.17 acres with approximately 12 parking spaces with building & free street parking. Landmark location. Well maintained property with 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. Balloons Restaurant has a rich history in the area, established in 1934 and family-owned since 1991. Full commercial kitchen with U-shaped bar seating & spacious dining area.
Investment highlights
» REDUCED PRICE: $459,000
» 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
» 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
» Full commercial kitchen with U-shaped bar seating & spacious dining room
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
