Established Pizzeria with
745 17th St Niagara Falls, NY 14301
745 17th St, Niagara Falls, NY, 14301
$399,900
For Sale
$399,900
Turnkey pizzeria with equipment, building, inventory, and apartment.
Property Size3,186 SF
Price / SF$125.52
Days on Market238
Property Features for 745 17th St
General Information
- Standard status
- Active
- Size
- 3,186 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1920
Listing Agency
(716) 597-5073
Listed by
Jennifer Ranaletti
(716) 597-5073
Source
Huntcommercial
Added: Nov 21, 2025 Checked: Jul 16 at 8:54 am
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 Jennifer Ranaletti
Investment Insights
Based on property information with market context.
This is an opportunity to own a full-service pizzeria that has been in business for over 31 years. The sale includes the business, all restaurant equipment, the building, and the inventory left at closing. The restaurant can accommodate up to 65 people, with additional seating on a large covered patio with a concrete pad. The front part of the restaurant could be converted for other uses, such as a takeout business. The property is located in the city market and offers a large amount of parking, with additional parking for employees at the back of the building. Above the restaurant, there is a one-bedroom apartment that is currently being rented but could also be owner-occupied. The property is located on 17th St near Paine Ave. The property size is 3186 square feet.
Key Highlights
- Turnkey, established full‑service pizzeria (Goodfellas) with 31+ years of successful operation.
- Sale includes the business, all restaurant equipment, building, and inventory.
- Seating for 65 patrons plus additional seating on a large covered patio.
Local Financial Insights For 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 | $57.3k | $18.00 |
| − Vacancy | −$7.3k | −$2.29 |
| EGI | $50.1k | $15.71 |
| − OpEx | −$15.0k | −$4.71 |
| NOI | $35.0k | $11.00 |
3,186 SF · lease $18.00/SF/yr · vacancy 12.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$500.6K
$438.1K – $584.1K
NOI $35,045 @ 7.0% cap · market cap 8.76%
Second Best
Specialty Retail
$458.6K
$401.3K – $535.1K
NOI $32,103 @ 7.0% cap · market cap 8.03%
Theoretical Best
Warehouse
$2.71M
$2.37M – $3.16M
NOI $189,499 @ 7.0% cap · market cap 47.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Turn key restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Turn key restaurant - Turnkey pizzeria with equipment, building, inventory, and apartment.
Where is this turn key restaurant located?
The property is located at 745 17th St Niagara Falls, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Turnkey, established full‑service pizzeria (Goodfellas) with 31+ years of successful operation.; Sale includes the business, all restaurant equipment, building, and inventory.; Seating for 65 patrons plus additional seating on a large covered patio.
