Waterfront Restaurant and Banquet
For Sale
$1,600,000
124 LAKE SHORE DR W, Dunkirk, NY 14048
Freestanding hospitality property with banquet seating, patios, kitchen, bar, and basement storage.
Property Size13,944 SF
Price / SF$114.74
Days on Market199
Property Features for 124 LAKE SHORE DR W
General Information
Standard status
Active
Size
13,944 SF
Property subtype
General Commercial
Additional Details
Opportunity Zone
Yes
Patio
Yes
Taxes and HOA fees
Annual Taxes
$25,372
Amenities
storage basement
Central Air, A/C - Other
Other
C
55 Parking Spaces.
Irregular
38X150
Irregular.
Building Details
Year Built
1942
Buildings
1
Stories
2
Listing Agency:
Symphony Real Estate LLC
(214) 874-1568
Listed By:
Colby Garza · License #10401387676
(214) 874-1568
Source:
Xome
Added: Feb 12
Changed: Aug 30
Last Checked: Aug 30 at 2:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Symphony Real Estate LLC
Investment Insights
Based on property information with market context.
This two-story freestanding property contains 13,944 SF and was built in 1942. The former Demetri’s on the Lake offers a restaurant and banquet configuration with seating for 450+ guests, outdoor patios, a full kitchen, bar service, and basement storage. Central air and additional A/C support the interior operations, while 55 parking spaces serve the site.
The property overlooks Chadwick Bay Marina from Lake Shore Dr W and is adjacent to the Clarion Hotel within Dunkirk’s waterfront district. Commercial zoning and Opportunity Zone designation support continued hospitality use or consideration of a mixed-use redevelopment concept. The building’s scale and existing improvements accommodate restaurant operators, banquet users, and hospitality groups.
The property overlooks Chadwick Bay Marina from Lake Shore Dr W and is adjacent to the Clarion Hotel within Dunkirk’s waterfront district. Commercial zoning and Opportunity Zone designation support continued hospitality use or consideration of a mixed-use redevelopment concept. The building’s scale and existing improvements accommodate restaurant operators, banquet users, and hospitality groups.
Key Highlights
- 13,944 SF two‑story freestanding building built in 1942
- Seating capacity for 450+ guests with restaurant and banquet layout
- Outdoor patios, full kitchen, bar, and storage basement
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14048, NY
15,062
Population
7,506
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
655
Density / Sq Mi
$52,971
Median Household Income
$34,200
Median Earnings
$905
Median Rent
$98,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding hospitality property with banquet seating, patios, kitchen, bar, and basement storage.
Where is this conventional restaurant located?
The property is located at 124 LAKE SHORE DR W Dunkirk, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 13,944 SF two‑story freestanding building built in 1942; Seating capacity for 450+ guests with restaurant and banquet layout; Outdoor patios, full kitchen, bar, and storage basement
