Established Pizzeria with
745 17th St, Niagara Falls, NY 14301
Turnkey pizzeria with equipment, building, inventory, and apartment.
Type:Retail
Property size:
3,186 SFPrice / SF:
$125/SF- Added:
- Nov 21, 2025
- Days on Market:
- 181
- Last Refresh:
- Apr 5 at 8:58 pm
Property Features for 745 17th St
General Information
- Standard status
- Active
- Size
- 3,186 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1920
Listing agent Jennifer Ranaletti (716) 597-5073
Listing office (716) 597-5073
Listing date Nov 21, 2025
Source Huntcommercial
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
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.
- Includes a large one‑bedroom apartment above the restaurant (rental income or owner‑occupied).
- Located in the city market with ample parking for customers and employees.
- Opportunity to convert the front of the restaurant for takeout or other business.
Overview
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.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$389.4K
NOI $35,045 @ 9.00% cap · cautious / downside scenario
Moderate
$500.6K
NOI $35,045 @ 7.00% cap · market / base-case scenario
Aggressive
$700.9K
NOI $35,045 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| 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 Use Scenarios
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
Turn key restaurants
Location Insight
- Map
- Local Demand
- City
- Niagara Falls
- County
- Niagara
- State
- New York
- Longitude
- -79.0412
- Latitude
- 43.0963
Nearby Similar for Sale
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.
