Restaurant with Outdoor
For Sale
$299,000
1693 Quaker Road, Barker, NY 14012
CommercialSale, Barker, NY
Property Size2,720 SF
Lot Size0.50 Acres
Price / SF$109.93
Days on Market171
Property Features for 1693 Quaker Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Zoning description
Commercial
Rooms
Basement
Parking
50
Lot features
Rectangular, Rectangular Lot
Elementary school district
Barker
Middle school district
Barker
High school district
Barker
Subdivision
Barker-Village-293801
Standard status
Active
APN
293801-018-010-0001-032-002
Size
2,720 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
3406
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Roof type
Asphalt
Listing Agency:
Berkshire Hathaway Homeservices Zambito Realtors
(585) 798-9898
Listed By:
Mark F Zambito · License #10491211627
(585) 576-3435
Added: Mar 12
Changed: Aug 24
Last Checked: Aug 29 at 11:06PM
MLS# B1664060
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,720-square-foot restaurant property in Barker includes an operational dining area, seasonal outdoor seating, and a commercial kitchen with a walk-in cooler and freezer. Interior improvements and a modern-rustic design create a finished setting for food service, with central air conditioning and forced-air natural gas heat.
The second floor adds usable space for private events, expanded seating, office functions, or storage. The property occupies 0.4963 acres and is served by public water and public sewer. Constructed in 1920, the building also includes a basement, asphalt roofing, and a C zoning designation.
The second floor adds usable space for private events, expanded seating, office functions, or storage. The property occupies 0.4963 acres and is served by public water and public sewer. Constructed in 1920, the building also includes a basement, asphalt roofing, and a C zoning designation.
Key Highlights
- 2,720‑square‑foot restaurant property
- 0.4963‑acre site in Barker, NY
- Commercial kitchen with walk‑in cooler and freezer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,408
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$548,160
$548.2K
Cap Rate 7%
$391,543
$391.5K
Cap Rate 9%
$304,533
$304.5K
Market Conditions
NOI Build-Up for 2,720 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.2K $14.40/SF
− Vacancy
−$2.6K −$0.96/SF
EGI
$36.5K $13.44/SF
− OpEx
−$9.1K −$3.36/SF
NOI
$27.4K $10.08/SF
Area
Niagara County, NY
Vacancy
6.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$548,160
Cap Rate 7%
$391,543
Cap Rate 9%
$304,533
Alternative Uses
Best Use
Industrial
$1.90M
$1.67M – $2.22M
NOI $133,232 @ 7.0% cap · market cap 44.56%
Second Best
Specialty Retail
$391.5K
$342.6K – $456.8K
NOI $27,408 @ 7.0% cap · market cap 9.17%
Theoretical Best
Warehouse
$2.31M
$2.02M – $2.70M
NOI $161,782 @ 7.0% cap · market cap 54.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Crosby's
Shops & Services
4,608 visits/mo
0.3 miles
Dollar General
Shops & Services
3,942 visits/mo
0.5 miles
Demographics for 14012, NY
2,334
Population
1,375
Households
1.7
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
33.5 sq mi
ZIP Area
70
Density / Sq Mi
$72,333
Median Household Income
$42,282
Median Earnings
$742
Median Rent
$166,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped kitchen includes walk-in refrigeration, while the updated interior supports immediate restaurant operations.
Where is this conventional restaurant located?
The property is located at 1693 Quaker Road Barker, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,720‑square‑foot restaurant property; 0.4963‑acre site in Barker, NY; Commercial kitchen with walk‑in cooler and freezer
