PRICE REDUCED! RENTAL INCOME & BUSINESS OPPORTUNITY IN DOWNTOWN WATKINS GLEN! 1st floor is a restaurant with full commercial kitchen, mostly new equipment, bar, indoor seating, outdoor patio and private parking lot. 2nd floor is a fully renovated, rented 2-bedroom apartment - start right out with income! Restaurant needs finishing but previous tenants had passed inspections and opened briefly! Lots of work has already gone into this place and it won't take much to finish! High visibility & excellent location! Equipment, fixtures and furniture included – check out the photos for additional info & equipment list. Possible owner finance with acceptable terms!
OPPORTUNITIES LIKE THIS DON'T COME OFTEN IN THE HEART OF WATKINS GLEN! Known to locals as the "House of Hong" building, this property is a staple of the downtown landscape. You can own a piece of Watkins Glen history with this well maintained, mixed-use powerhouse. Historically known as the “Watkins Hotel” and located just two blocks from Seneca Lake, this building offers a rare blend of historical charm and modern financial stability. The first floor features a well-established bar and restaurant with a long-term lease. The operator covers all utilities and utilizes the basement for ample storage. The second and third floors house 7 fully occupied, stylish apartments. Renovated within the last decade, these units offer tenants coin operated laundry and private outdoor seating. Landlord covers cable, Wi-Fi, trash, water and sewer, tenants pay their own electric. Tenants enjoy ample street parking on 1st and 2nd Streets and the convenience of being close to everything. The second floor boasts one of only two outdoor seating areas that truly overlook the vibrant Franklin Street corridor. With a proven track record of 100% occupancy and prime location, this is the ultimate “set and forget” investment. Showings begin March 2nd. Interior photos are a sample from when renovations were done. Please ask your agent for the Rental Information Sheet.
PRICE ADJUSTED!! Excellent opportunity to open your restaurant on Watkins Glen's busy Franklin Street. This is located in the heart of the business district. Formerly the site of a pizza shop, all equipment remains in place and is fully operational. The first floor has seating for for 45 people and includes the kitchen, with a gas fired pizza oven, right in the middle of the restaurant, fully visible to the customers. This creates a great ambience as soon as you walk in the place. The seating here includes individual tables, as well as seats at the bar, which features several beer taps using a new glycol system. Upstairs you will find a similar layout minus the kitchen. There is seating for 47 people up here including tables and more seats at a second bar. This really is a fabulous layout. And the place is ready to go. You can be up and running as fast as you can get your food and beverages lined up. All furniture, fixtures and equipment are included and a full list of these items is available upon request.
Amazing business opportunity in the fingerlakes region of upstate New York. The Longhouse Manor Bed & Breakfast. This grand eight bedroom eight- and one-half bath home with heated in-ground pool. Completely furnished includes everything you need to continue operating as a B&B. Located just a few miles outside of the Village of Watkins Glen, New York. Just off the Seneca Lake Wine Trail. Close to everything the fingerlakes area has to offer. If you've dreamed of owning your own live in bed & breakfast here is your opportunity. Financials available to qualified buyers with signed NDA. Showings may need to be scheduled around guests. Don't miss out on this opportunity. Listing agent to be present for all showings. Listing agent related to seller.
This laid-back seasonal resort motel has a "home with a lake included" experience. 2 parcels combined gives you .77 acres which include ownership of over 200 linear feet of lakefront. Tax map parcel 64.08-1-15.2 is the main house and adjacent tax map parcel 64.08-15.1 has 5 units. 5 electric meters , including 1 electric meter at the beach. The accommodations consist of (1) a three-bedroom house,1.5 bath , and (2) two-bedroom cottages, (1) a one-bedroom cottage, and (2) efficiency bungalows. Most units features a full kitchen, a deck with comfortable furniture and a gas grill, all boasting picturesque views of Seneca Lake. Admiral Peabody's is dog-friendly and provides a large grassy area with a communal fire pit. Guests can enjoy over 200 feet of lake frontage with 2 substantial docks equipped with tables and chairs perfect for soaking in the sun , boating and fishing while enjoying the refreshing lake waters. Must go down 2 flights of stairs and cross over the railroad tracks to access the lakefront. See IDA for any business programs and grants. Wi-Fi extends throughout the property. All units include linens, towels, flat-screen TVs with cable, coffee makers, microwaves, fridges, and blow dryers. Larger units also feature full kitchens with cookware, plates, and utensils, and most have a pull-out couch or futon included . Individual A/C units ensure comfort in each unit's accommodation and 10 off street parking spaces. Maintenance has 3 stackable W/D included for easy turn over of units and a managers office. PUBLIC WATER AND SEWER .No zoning , only land use. Opportunity here to build your brand ! Privacy ensures tranquil surroundings on a dead end street. Everything stays ( Except the tools). All offers MUST be:LOI with an attorney drafting the PSA. NO BOARD CONTRACTS ACCEPTED Extend your brand here. Presently business only runs on a website and mostly returning guests. Flat rates. Rates could be increased , bookings could be modernized, optimized and pricing could increase. Significant income advantage can transfer to the buyer as bookings for the season are coming in already for 2026! Catch this diamond in the rough before season begins May 1st
MOTEL / HOTEL OFFERING IN HEART OF FINGER LAKES REGION WITH DEVELOPMENT OPPORTUNITY. Villager Motel & Hotel (50 total rooms) located in Watkins Glen a popular tourist destination on Seneca Lake. Property is situated in the Glen's Historic Downtown District and within a short drive of the famous Watkins Glen International Racetrack; Watkins Glen State Park; and Seneca Lake Wine Trail with nearly 100 wineries, breweries & distilleries. Continue to operate "as is" OR re-develop property given premium location, sizable footprint and favorable zoning. Accompanying listing is Sales Flyer with complete details plus video.

Watkins Glen is located in New York. Watkins Glen, New York has a population of 1,844. Watkins Glen is more family-centric than the surrounding county with 30.53% of the households containing married families with children. The county average for households married with children is 29.13%.
The median household income in Watkins Glen, New York is $43,393. The median household income for the surrounding county is $56,437 compared to the national median of $69,021. The median age of people living in Watkins Glen is 47.2 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 13.2 degrees. The average rainfall is approximately 36 inches per year, with 44.7 inches of snow per year.