Equipped Conventional Restaurant
2081 Niagara Street, Buffalo, NY 14207
For Sale
$700,000
Flexible hospitality property with commercial kitchen infrastructure, event areas, multiple service points, and an upper-level lounge.
Property Size5,391 SF
Price / SF$129.63
Days on Market96
Property Features for 2081 Niagara Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Frontage
Highway Access
Road Access
Restaurant
Hood Type
Commercial Hood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Listing Agency:
Howard Hanna WNY Inc.
Listed By:
Jason P Sokody · License #10301212761
(716) 603-2516
Source:
Highfallssir
Added: Aug 6
Changed: Nov 4
Last Checked: Nov 8 at 12:56PM
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.
This 5,400-square-foot conventional restaurant property combines food-service infrastructure with lounge and entertainment space. The commercial kitchen includes a Type I exhaust hood with fire suppression, several cooking stations, and a Lincoln Impinger conveyor oven. Interior improvements include booth seating, open areas for dancing or events, multiple bar and service areas, commercial-style restrooms, storage, and utility rooms. An upper-level lounge supports private gatherings or separate guest areas, while a gated side service area accommodates deliveries and outdoor storage.
The building occupies a signalized corner at Niagara Street and Hertel Avenue in Buffalo, with approximately 80 feet of frontage and access to I-190 and the Niagara Street corridor. Zoning is N-2C, Residential Multi Use. The existing configuration supports restaurant, bar, nightclub, banquet, live entertainment, and other hospitality applications.
The building occupies a signalized corner at Niagara Street and Hertel Avenue in Buffalo, with approximately 80 feet of frontage and access to I-190 and the Niagara Street corridor. Zoning is N-2C, Residential Multi Use. The existing configuration supports restaurant, bar, nightclub, banquet, live entertainment, and other hospitality applications.
Key Highlights
- 5,400‑square‑foot restaurant, lounge, and nightlife property
- Commercial kitchen with Type I hood, fire suppression, multiple cooking stations, and Lincoln Impinger conveyor oven
- Upper‑level lounge plus open dance and event areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,916
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,320
$1.2M
Cap Rate 7%
$884,514
$884.5K
Cap Rate 9%
$687,956
$688.0K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$90.7K $16.80/SF
− Vacancy
−$8.2K −$1.51/SF
EGI
$82.6K $15.29/SF
− OpEx
−$20.6K −$3.82/SF
NOI
$61.9K $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%
$1,238,320
Cap Rate 7%
$884,514
Cap Rate 9%
$687,956
Alternative Uses
Best Use
Specialty Retail
$884.5K
$774.0K – $1.03M
NOI $61,916 @ 7.0% cap · market cap 8.85%
Second Best
Industrial
$540.3K
$472.8K – $630.4K
NOI $37,823 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $90,901 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 47%
Tim Hortons
Dining
13,940 visits/mo
0.3 miles
Kwik Fill
Shops & Services
9,660 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
2,676 visits/mo
0.3 miles
Demographics for 14207, NY
26,006
Population
11,317
Households
2.3
Avg Household Size
32
Median Age
19%
College-Educated
79%
High-School Grad
3.9 sq mi
ZIP Area
6,668
Density / Sq Mi
$38,951
Median Household Income
$33,851
Median Earnings
$943
Median Rent
$111,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Conventional restaurants in Buffalo, NY
Properties on Market for Conventional restaurants in Buffalo
Vacancy Rate% for Retail in Buffalo, NY
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Flexible hospitality property with commercial kitchen infrastructure, event areas, multiple service points, and an upper-level lounge.
Where is this conventional restaurant located?
The property is located at 2081 Niagara Street Buffalo, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 5,400‑square‑foot restaurant, lounge, and nightlife property; Commercial kitchen with Type I hood, fire suppression, multiple cooking stations, and Lincoln Impinger conveyor oven; Upper‑level lounge plus open dance and event areas
