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11770 Obrien Rd

3,820 SF Retail Building Forestport, NY 13338 £176,492 (£46/SF)

Investment Highlights

  • Adirondack restaurant for sale.

Executive Summary

Old World style recipes handed down from one generation to the next is the "secret ingredient" to this successful family restaurant which was established in 1948 on the south side of Utica to its present location in Forestport in 1974. Welcome to Garramone's specializing in steak and seafood and Italian cuisine. One of the most popular destinations for travelers and locals alike, Garramone's has the distinction of being a chef owned restaurant for many years. Seating 170 guests in a comfortable dining room along with a popular bar seating 10 additional guests with a private front room for banquets or parties accommodating up to 40 guests. A fully functioning kitchen with propane appliances, electric dishwasher, pizza ovens, 2 drilled wells and septic (10 years old). Sturdy original seating, newly refurbished booths add to the overall experience of delicious foods with family and friends. Garramone's is opened year round servicing the local community along with seasonal guests. All equipment is included. A new addition includes a walk-in cooler, business office, storage space, along with a living area that is perfect for those who desire to be close to their investment.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,820 SF
Building Class
C
Year Built
1974
Price
£176,492
Price Per SF
£46
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Land Acres
1.84 AC
Zoning
01 - Commercial
Parking
75 Spaces (19.63 Spaces per 1,000 SF Leased)
Frontage
46 ft on O Brien Road

Amenities

  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
067-002-0001-035-000-0000
Land Assessment
£29,023
Improvements Assessment
£49,418
Total Assessment
£78,441
  • Listing ID: 27252705

  • Date on Market: 06/12/2022

  • Last Updated:

  • Address: 11770 Obrien Rd, Forestport, NY 13338

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