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    1769 Abbott Rd Lackawanna, NY 14218

    For Sale
    Contact for pricing

    Profitable restaurant with two apartments, equipment, and goodwill included.

    Property Features for 1769 Abbott Rd

    General Information

    Zoning
    Commercial

    Source: Rick Recckio Agent Rick Recckio

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

    Overview

    Turn-Key Restaurant with Apartments

    This property presents a turn-key restaurant opportunity that has been established for over 30 years. The lot measures 214 ft x 133 ft, situated on a 0.65-acre plot of land with traffic signal access. The sale includes equipment, business, and goodwill. The property also features two apartments on the second floor, providing additional income. The property is conveniently located and offers plenty of paved parking.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lackawanna
    County
    Erie
    State
    New York
    Longitude
    -78.8013819
    Latitude
    42.8169502

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    FAQs

    What type of property is this?
    Turn key restaurant - Profitable restaurant with two apartments, equipment, and goodwill included.
    Where is this turn key restaurant located?
    The property is located at 1769 Abbott Rd Lackawanna, NY.
    What are key features of this property?
    This property features: - Profitable turn-key restaurant opportunity established for over 30 years.; - Equipment, business, and goodwill included in the sale.; - Additional income from two apartments on the second floor.
    (716) 998-4422
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    1769 Abbott Rd Lackawanna, NY 14218
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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
    1769 Abbott Rd Lackawanna, NY 14218
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