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    5959 Lockport St Olcott, NY 14126

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    For Sale
    $599,900

    Fully renovated sports bar with apartments in Olcott, NY.

    Property Features for 5959 Lockport St

    General Information

    Zoning
    Village Business

    Source: Rick Recckio Agent Rick Recckio

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

    Overview

    Renovated Sports Bar with Apartments

    A fully renovated sports bar is available for sale or lease in a charming destination town on the shores of Lake Ontario. The property features lake views from a large patio. The ground floor houses the bar, with six apartments on the second floor, including a walk-out deck on the end rear unit, and a studio on the first floor. Recent upgrades include a newer roof, siding, and furnace. A liquor license may be available to a new tenant. The property offers year-round income potential. It is situated adjacent to a restaurant and a storefront. The total package does not include the adjacent 1+/- acres of additional land. The sports bar is currently available. The adjacent restaurant is currently leased, but both the bar and restaurant can be connected and operated as one business. The sale includes both buildings. The property is located in Olcott, NY, near Lake Ontario, and offers potential for a thriving retail or restaurant venture. Nearby attractions include the Olcott Beach Carousel Park, local dining establishments, and outdoor recreational activities. Seasonal events contribute to steady foot traffic, making it a suitable location for a dynamic sports bar or restaurant. The property is currently 100% leased.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Wholesale Shop Hair Salon Department Store Hotel & Motel Grocery Store Garden Center Electronics Store Bar & Pub

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

    Similar Places Nearby

    Covey's Cove, Time Out Sports Bar & Grill, Old Olcott Beach Fire Station

    Location Insight

    • Map
    • Local Demand
    City
    Olcott
    County
    Niagara
    State
    New York
    Longitude
    -78.71448
    Latitude
    43.33785

    Nearby Similar for Sale

    • $325,000
      5,168 SF

      Turnkey Bar and Restaurant Opportunity

      Bar and restaurant in prime location with lake views.
      5885 Main, Olcott, NY 14126
      View Details

    FAQs

    What type of property is this?
    Bar - Fully renovated sports bar with apartments in Olcott, NY.
    Where is this bar located?
    The property is located at 5959 Lockport St Olcott, NY.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Fully leased property providing year-round income.; - Excellent location in a charming lakeside destination town with lake views from the large patio.; - Sale includes two buildings: a sports bar and an adjacent restaurant.
    (716) 998-4422
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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
    5959 Lockport St Olcott, NY 14126
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