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    5885 Main Olcott, NY 14126

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    For Sale
    $325,000

    Bar and restaurant in prime location with lake views.

    Property size:
    5,168 SF
    Lot size:
    0.09 Acres

    Property Features for 5885 Main

    General Information

    Size
    5,168 SF
    Lot size
    0.09 Acres

    Source: Hanna Commercial Real Estate | Buffalo Agent Richard Wadsworth

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

    Overview

    Turnkey Bar and Restaurant Opportunity

    This turnkey bar and restaurant is situated in a prime location in the heart of Olcott. The property features an outdoor porch that offers views of Lake Ontario. Its location makes it popular with tourists and boaters, and it is near marinas, parks, and the beach. The property size is 5168 square feet and is suitable for bars, restaurants, and retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Similar Places Nearby

    Scruples, Open Air Bar

    Location Insight

    • Map
    • Local Demand
    City
    Olcott
    County
    Niagara
    State
    New York
    Longitude
    -78.718502
    Latitude
    43.336852

    Nearby Similar for Sale

    • $599,900

      Renovated Sports Bar with Apartments

      Fully renovated sports bar with apartments in Olcott, NY.
      5959 Lockport St, Olcott, NY 14126
      View Details

    FAQs

    What type of property is this?
    Bar - Bar and restaurant in prime location with lake views.
    Where is this bar located?
    The property is located at 5885 Main Olcott, NY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Turnkey bar and restaurant ready for new owners.; - Prime location in the heart of Olcott.; - Outdoor porch with great views of Lake Ontario.
    (716) 239-5764
    Request Owner's contact information
    5885 Main Olcott, NY 14126
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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
    5885 Main Olcott, NY 14126
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