Turnkey Restaurant with Bar
For Sale
$548,900
1305 Abbott Road, Lackawanna, NY 14218
Operational restaurant for sale with bar seating, dining booths, and a full kitchen plus outdoor patio seating.
Property Size2,060 SF
Days on Market330
Property Features for 1305 Abbott Road
General Information
Standard status
Active
Size
2,060 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$3
Building Details
Building Size
2,060 SF
Year Built
1955
Listing Agency:
Howard Hanna WNY Inc.
Listed By:
Kevin G Cullen · License #40CU0800264
(716) 983-0682
Source:
Highfallssir
Added: Dec 2, 2025
Changed: Oct 26
Last Checked: Oct 27 at 1:34AM
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 Howard Hanna WNY Inc.
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Investment Insights
Based on property information with market context.
O’ Daniel’s, operated for 35 years, is offered as a turnkey restaurant business at 1305 Abbott Rd in Buffalo, NY. The interior includes a bar with seating for over 16 patrons, four booths, and additional table seating for more than 45 patrons.
A fully operational kitchen is included with professional-grade equipment, two freezers, and a walk-in cooler. The property also features a full outdoor patio with additional seating for over 26 patrons.
Parking is available for over 30 vehicles, and the parking lot was recently paved. Recent updates noted include furnace, A/C, H/W/T, and compressors, along with other improvements.
A fully operational kitchen is included with professional-grade equipment, two freezers, and a walk-in cooler. The property also features a full outdoor patio with additional seating for over 26 patrons.
Parking is available for over 30 vehicles, and the parking lot was recently paved. Recent updates noted include furnace, A/C, H/W/T, and compressors, along with other improvements.
Key Highlights
- Operational restaurant layout with bar seating for 16+ patrons, 4 booths, and table seating for 45+ patrons
- Outdoor patio with additional seating for 26+ patrons
- Fully operational kitchen with professional‑grade equipment, plus two freezers and a walk‑in cooler
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,620
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,400
$472.4K
Cap Rate 7%
$337,429
$337.4K
Cap Rate 9%
$262,444
$262.4K
Market Conditions
NOI Build-Up for 2,060 SF
Gross rent
$34.6K $16.80/SF
− Vacancy
−$3.1K −$1.51/SF
EGI
$31.5K $15.29/SF
− OpEx
−$7.9K −$3.82/SF
NOI
$23.6K $11.47/SF
Area
Buffalo, NY
Vacancy
9.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,400
Cap Rate 7%
$337,429
Cap Rate 9%
$262,444
Alternative Uses
Best Use
Specialty Retail
$337.4K
$295.3K – $393.7K
NOI $23,620 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$495.4K
$433.5K – $578.0K
NOI $34,677 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 14218, NY
20,878
Population
9,478
Households
2.2
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
8.1 sq mi
ZIP Area
2,578
Density / Sq Mi
$50,484
Median Household Income
$36,457
Median Earnings
$829
Median Rent
$135,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operational restaurant for sale with bar seating, dining booths, and a full kitchen plus outdoor patio seating.
Where is this conventional restaurant located?
The property is located at 1305 Abbott Road Lackawanna, NY.
What is the asking price?
The asking price for this property is $548,900.
What are key features of this property?
This property features: Operational restaurant layout with bar seating for 16+ patrons, 4 booths, and table seating for 45+ patrons; Outdoor patio with additional seating for 26+ patrons; Fully operational kitchen with professional‑grade equipment, plus two freezers and a walk‑in cooler
