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    2711 S Park Ave Lackawanna, NY 14218

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    For Sale
    $350,000

    Enormous restaurant in evolving Lackawanna business district.

    Lot size:
    0.19 Acres

    Property Features for 2711 S Park Ave

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1903

    Source: WNY Metro Roberts Realty Agent Abdul Ahmed

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

    Overview

    Evolving Lackawanna Restaurant Opportunity

    This enormous restaurant is located in an evolving business district in Lackawanna. It is situated within walking distance of Our Lady of Victory Basilica and Botanical Gardens. This property presents an opportunity for business owners.
    Insight Report Location Intelligence

    Current Use by Public Records

    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.

    Similar Places Nearby

    REEMAS deli

    Location Insight

    • Map
    • Local Demand
    City
    Lackawanna
    County
    Erie
    State
    New York
    Longitude
    -78.8243071
    Latitude
    42.8262067

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    FAQs

    What type of property is this?
    Restaurant - Enormous restaurant in evolving Lackawanna business district.
    Where is this restaurant located?
    The property is located at 2711 S Park Ave Lackawanna, NY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Enormous restaurant space suitable for a large-scale operation.; - Located in an evolving business district.; - Proximity to Our Lady of Victory Basilica.
    (716) 445-4955
    Request Owner's contact information
    2711 S Park Ave Lackawanna, NY 14218
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    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
    2711 S Park Ave Lackawanna, NY 14218
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