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    Northtowns Restaurant And Marina Business For Sale Tonawanda, NY 14120

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    For Sale
    $200,000

    Restaurant and marina business for sale with flexible rent terms.

    Property size:
    1,912 SF

    Property Features for Northtowns Restaurant And Marina Business For Sale

    General Information

    Size
    1,912 SF

    Building Details

    Year built
    1950

    Source: Alan Hastings Agent Alan Hastings

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

    Overview

    Restaurant and Marina Business Opportunity

    This offering features a restaurant and marina business opportunity. The restaurant spans 2,475 square feet and includes 58 indoor seats, plus 63 patio seats. The marina has 89 slips. The business operates from June to September, between 11 am and 8 pm. The landlord is responsible for roof and structure maintenance, as well as all marina and dock repairs and maintenance. The tenant is responsible for utilities and day-to-day operational expenses. The rent structure is based on a percentage of gross sales: 5% of gross restaurant sales and 25% of boat slip rentals. The property is located on River Road and offers views of the Niagara River from the patio.
    Location Intelligence

    Current Use by Public Records

    Marinas

    Map

    City
    Tonawanda
    County
    Erie
    State
    New York
    Longitude
    -78.8339
    Latitude
    43.0772

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    FAQs

    What type of property is this?
    Restaurant - Restaurant and marina business for sale with flexible rent terms.
    Where is this restaurant located?
    The property is located at Northtowns Restaurant And Marina Business For Sale Tonawanda, NY.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Percentage Rent Only: Pay just 5% of gross restaurant sales and 25% of boat slip rentals, eliminating minimum base rent and reducing financial risk.; - **Turnkey Restaurant & Marina Business:** Purchase includes furniture, fixtures, and equipment (F, F & E) for a fully operational restaurant and marina.; - **Prime Waterfront Location:** Features a large patio with gorgeous views of the Niagara River.
    (716) 481-3325
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    Northtowns Restaurant And Marina Business For Sale Tonawanda, NY 14120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Northtowns Restaurant And Marina Business For Sale Tonawanda, NY 14120
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