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3333 Lockport Olcott Rd Newfane, NY 14108

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For Sale
$599,000

Profitable restaurant, retail units, and land for sale.

Property size:
11,402 SF

Property Features for 3333 Lockport Olcott Rd

General Information

Size
11,402 SF

Building Details

Year built
1980

Source: Sean Oliver Agent Sean Oliver

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Established Restaurant and Retail Opportunity

This property features a restaurant with over 25 years of operation, including the land (over 10 acres), name and recipes, equipment, inventory, building with its contents and fixtures. The sale includes the owner's willingness to train the new owner for a year. The restaurant includes two banquet rooms that hold about 175 people, currently open for lunch and dinner. There are two large kitchen areas, a walk-in fridge, a walk-in freezer, an inventory storage room, a bakery, a large office, and plenty of storage. The property also includes over 40 retail units that generate over $80,000 a year in rental income. An indoor/outdoor bar features big screen TVs and two outdoor patios. The large parking lot has over 100 parking spaces. Over 10 acres of agricultural land offers possibilities with fruit trees. The owner may be willing to separate the land. The property has a newer roof and mechanics.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Gordie Harper Bazaar Restaurant Hearts for the Homeless Donations Center Chestnut Ridge Premium ... Flag Store

Suggested Use

Realty agency Dental Office Wholesale Shop Hair Salon Hotel & Motel Gym & Fitness Department Store Food Market Garden Center Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newfane
County
Niagara
State
New York
Longitude
-78.6938854
Latitude
43.2538345

FAQs

What type of property is this?
Restaurant - Profitable restaurant, retail units, and land for sale.
Where is this restaurant located?
The property is located at 3333 Lockport Olcott Rd Newfane, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: - Includes land (over 10 acres), building, equipment, inventory, name, and recipes; - Existing restaurant business with established rental income from 40+ retail units (Harpers Bizaar) generating over $80,000 annually; - Owner willing to train new owner for one year
More about this property
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