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Restaurant with Commercial Kitchen Equipment
For Lease
$199,900

1416 Millersport Highway, Buffalo, NY 14221

The operating restaurant includes a commercial kitchen package with hoods, walk-in coolers, and stoves.

Space SizeContact for details
Property Size1,620 SF
Days on Market39

Property Features for 1416 Millersport Highway

General Information

Standard status Active
Size 1,620 SF
Total Parking Spaces 10
Zoning SC, Commercial

Restaurant

Second-Generation Restaurant Yes
Walk-In Cooler/Freezer Yes

Additional Details

Space Use Restaurant
Currently Operating Yes

Building Details

Building Size 1,620 SF
Year Built 1964
Buildings 1
Stories 1
Units 1
Listing Agency: Howard Hanna WNY Inc.
Listed By: Kun Zhang
Source: Geneseeriverrealty
Added: Sep 16 Changed: Oct 24 Last Checked: Oct 24 at 2:32PM

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,620-square-foot restaurant at 1416 Millersport Highway dates to 1964 and is zoned SC, Commercial. The space is operated as Arirang Buffalo and comes with kitchen equipment, including hoods, walk-in coolers, and stoves, along with furniture and business assets. Base heat and cold water are included; the tenant is responsible for electric and gas.

The property is on Millersport Highway near UB North Campus. Shared plaza parking is located at the front, with delivery ramps at the rear. Landlord approval is required for an assignment.

Key Highlights

  • 1,620‑square‑foot restaurant space
  • Commercial kitchen package includes hoods, walk‑in coolers, and stoves
  • Furniture and business assets included

Property Analytics

Current Use

Arirang Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Daycare Center Kitchen & Bath Showroom Plumbing Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby
Under-served
Demand for This Use

Demographics for 14221, NY

55,275
Population
25,281
Households
2.2
Avg Household Size
48
Median Age
57%
College-Educated
96%
High-School Grad
23.4 sq mi
ZIP Area
2,362
Density / Sq Mi
$101,275
Median Household Income
$58,665
Median Earnings
$1,560
Median Rent
$298,500
Median Home Value

Market

Lease Benchmarks for Buffalo, NY

$417 /SF/Yr
Avg Asking Price
$21.43–$985 /SF/Yr
Price Range
5,458 SF
Avg Space Size

Vacancy Rate% for Retail in Buffalo, NY

4.7% 2019
8.8% 2020
8.4% 2021
8.6% 2022
8.1% 2023
8.4% 2024
10.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The operating restaurant includes a commercial kitchen package with hoods, walk-in coolers, and stoves.
Where is this conventional restaurant located?
The property is located at 1416 Millersport Highway Buffalo, NY.
What is the lease rate?
The lease rate is $199,900.
What are key features of this property?
This property features: 1,620‑square‑foot restaurant space; Commercial kitchen package includes hoods, walk‑in coolers, and stoves; Furniture and business assets included
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