Turnkey Restaurant with Sports
2319 Niagara Falls Boulevard Wheatfield, NY 14304
2319 Niagara Falls Boulevard, Wheatfield, NY, 14304
$795,000
For Sale
$795,000
Former pizzeria and sports bar with an extensive commercial kitchen, patio, and second-story apartment for owner-operator use.
Property Size3,096 SF
Price / SF$256.78
Days on Market29
Property Features for 2319 Niagara Falls Boulevard
General Information
- Standard status
- Active
- Size
- 3,096 SF
- Property subtype
- Street Retail
Building Details
- Year Built
- 1961
Properties For Sale
at 2319 Niagara Falls Boulevard Contact us
Listing agency
Recckio Real Estate & Development, Inc.
(716) 998-4422
Listed by
Rick Recckio · License #31RE0821429
(716) 998-4422
Source
Thebrokerlist
Added: Jun 23 Updated: Jul 10 at 4:02PM Checked: Jul 21 at 3:06AM
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 Recckio Real Estate & Development, Inc.
Investment Insights
Based on property information with market context.
This 3,096± SF retail/restaurant building was previously operated as a pizzeria and sports bar and is offered as a ready-to-operate food service environment. The space includes a full commercial kitchen with extensive included equipment, including conveyor and pizza cooking equipment, fryers, charbroilers, refrigeration, a walk-in cooler, and a 12-head beer tap system with line cleaning. The package also includes a second-story apartment suitable for an owner-operator or rental income, along with a volleyball court with full underground drainage and an outdoor patio for seasonal dining and events. A paved parking lot provides on-site parking.
The property sits directly on Niagara Falls Blvd., a high-traffic commercial corridor serving Amherst, Wheatfield, Niagara Falls, and Tonawanda. The area is supported by national and regional retailers listed in the remarks, including Super Walmart, Target, Home Depot, Lowe’s, and multiple quick-service and casual dining concepts.
This offering is well suited for an operator looking to open or expand a restaurant, sports bar, or takeout-focused concept, including an event-driven venue that can use both the outdoor patio and on-site activity court. Owner-operators who want live-work capability may find the included second-story apartment especially practical, while investors may value the combination of a turnkey food service setup and a separate rental component.
The property sits directly on Niagara Falls Blvd., a high-traffic commercial corridor serving Amherst, Wheatfield, Niagara Falls, and Tonawanda. The area is supported by national and regional retailers listed in the remarks, including Super Walmart, Target, Home Depot, Lowe’s, and multiple quick-service and casual dining concepts.
This offering is well suited for an operator looking to open or expand a restaurant, sports bar, or takeout-focused concept, including an event-driven venue that can use both the outdoor patio and on-site activity court. Owner-operators who want live-work capability may find the included second-story apartment especially practical, while investors may value the combination of a turnkey food service setup and a separate rental component.
Key Highlights
- 3,096± SF retail/restaurant building built in 1961, formerly a pizzeria and sports bar.
- Fully equipped commercial kitchen with included equipment, including dual conveyor oven and new pizza oven.
- Outdoor patio for seasonal dining and events plus a volleyball court with full underground drainage.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.6k | $14.40 |
| − Vacancy | −$3.0k | −$0.96 |
| EGI | $41.6k | $13.44 |
| − OpEx | −$10.4k | −$3.36 |
| NOI | $31.2k | $10.08 |
3,096 SF · lease $14.40/SF/yr · vacancy 6.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$445.7K
$390.0K – $520.0K
NOI $31,197 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.63M
$2.30M – $3.07M
NOI $184,146 @ 7.0% cap · market cap 23.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Former pizzeria and sports bar with an extensive commercial kitchen, patio, and second-story apartment for owner-operator use.
Where is this conventional restaurant located?
The property is located at 2319 Niagara Falls Boulevard Wheatfield, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3,096± SF retail/restaurant building built in 1961, formerly a pizzeria and sports bar.; Fully equipped commercial kitchen with included equipment, including dual conveyor oven and new pizza oven.; Outdoor patio for seasonal dining and events plus a volleyball court with full underground drainage.
