Turnkey Restaurant and
1127 Hertel Ave Buffalo, NY 14216
For Sale
Contact for pricing
Turnkey 2,820 SF restaurant and bar with a fully renovated concrete patio and new commercial kitchen.
Property Size2,820 SF
Price / SF$389.72
Days on Market79
Property Features for 1127 Hertel Ave
General Information
Standard status
Active
Size
2,820 SF
Property subtype
RETAIL
Listing Agency:
Hunt Commercial - Buffalo
(716) 864-1929
Listed By:
Nicholas Corto
(716) 864-1929
Source:
Moodyscre
Added: May 12
Changed: Jul 26
Last Checked: Jul 28 at 1:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunt Commercial - Buffalo
Investment Insights
Based on property information with market context.
Turnkey restaurant and bar property featuring a 2,820 SF interior and a fully renovated full concrete patio totaling 4,000 SF. The space includes a brand new commercial kitchen and has been fully renovated throughout. Building systems and key improvements noted include forced air with mini splits, 200 AMP service, and block masonry construction with a roof installed in 2017 (rubber flat).
The property is located on Hertel Avenue in Buffalo, NY and is presented for sale with both real estate and business-related assets. Public remarks indicate the offering includes business assets, FFE, and assets related to the business, with an equipment list provided separately.
The property is located on Hertel Avenue in Buffalo, NY and is presented for sale with both real estate and business-related assets. Public remarks indicate the offering includes business assets, FFE, and assets related to the business, with an equipment list provided separately.
Key Highlights
- 2,820 SF restaurant/bar establishment on the Hertel Avenue strip
- 4,000 SF fully renovated full concrete patio for warmer‑month dining
- Brand new commercial kitchen and fully renovated interior throughout
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.4k | $16.80 |
| − Vacancy | −$4.3k | −$1.51 |
| EGI | $43.1k | $15.29 |
| − OpEx | −$10.8k | −$3.82 |
| NOI | $32.3k | $11.47 |
2,820 SF · lease $16.80/SF/yr · vacancy 9.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$461.9K
$404.2K – $538.9K
NOI $32,334 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$678.2K
$593.4K – $791.2K
NOI $47,471 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey 2,820 SF restaurant and bar with a fully renovated concrete patio and new commercial kitchen.
Where is this conventional restaurant located?
The property is located at 1127 Hertel Ave Buffalo, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 2,820 SF restaurant/bar establishment on the Hertel Avenue strip; 4,000 SF fully renovated full concrete patio for warmer‑month dining; Brand new commercial kitchen and fully renovated interior throughout
