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Listed price in listed location currency (USD).
$1,450,000

000

MLS® R1661893

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 12596 sqft
Garage No
HOA Fees 
Taxes $11,794
Days Active 8
Approx. Age 1892
Avg. Price Per Sqft $115
MLS® Number R1661893

Property Address: 108 N Franklin St, Watkins Glen, NY, 14891-1282

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberR1661893
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1892
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Land and Building

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 11, 2026List Date
$1,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
108 N Franklin St, Watkins Glen, NY

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