Restaurant Building with Commercial
For Sale
Contact for pricing
2319 Niagara Falls Blvd, Niagara Falls, NY 14304
Food-service property with a complete kitchen, outdoor patio, volleyball court, parking, and a second-story apartment.
Property Size3,096 SF
Price / SF$256.78
Days on Market53
Property Features for 2319 Niagara Falls Blvd
General Information
Standard status
Active
Size
3,096 SF
Property subtype
Retail
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Amenities
Volleyball court
Second-story apartment
Building Details
Buildings
1
Listing Agency:
Recckio Real Estate and Development
Listed By:
Rick Recckio · License #31RE0821429
(716) 834-7777
Source:
Crexi
Added: Aug 29
Changed: Oct 15
Last Checked: Oct 19 at 5:58AM
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 and Development
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This conventional restaurant property includes 3,096± SF of restaurant and retail space arranged for food-service operations, with a commercial kitchen, dining and service areas, bar refrigeration, a walk-in cooler, and a 12-head beer tap system. Included equipment includes cooking, refrigeration, prep, washing, storage, pizza, and beverage components. A second-story apartment adds living space above the business, while the exterior includes a seasonal patio, paved parking lot, and volleyball court with underground drainage.
The property sits at 2319 Niagara Falls Blvd in Niagara Falls, NY, along a commercial corridor connecting Amherst, Wheatfield, Niagara Falls, and Tonawanda. Nearby retailers and food-service operators include Super Walmart, Target, Home Depot, Lowe’s Home Improvement, Starbucks, Tim Hortons, McDonald’s, Wendy’s, Panera Bread, Chipotle, Applebee’s, Wegmans, Tops Friendly Markets, Aldi, and the new Amazon Distribution Warehouse.
The property sits at 2319 Niagara Falls Blvd in Niagara Falls, NY, along a commercial corridor connecting Amherst, Wheatfield, Niagara Falls, and Tonawanda. Nearby retailers and food-service operators include Super Walmart, Target, Home Depot, Lowe’s Home Improvement, Starbucks, Tim Hortons, McDonald’s, Wendy’s, Panera Bread, Chipotle, Applebee’s, Wegmans, Tops Friendly Markets, Aldi, and the new Amazon Distribution Warehouse.
Key Highlights
- 3,096± SF restaurant and retail building
- Full commercial kitchen with extensive included equipment
- Second‑story apartment above the restaurant space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,197
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,940
$623.9K
Cap Rate 7%
$445,671
$445.7K
Cap Rate 9%
$346,633
$346.6K
Market Conditions
NOI Build-Up for 3,096 SF
Gross rent
$44.6K $14.40/SF
− Vacancy
−$3.0K −$0.96/SF
EGI
$41.6K $13.44/SF
− OpEx
−$10.4K −$3.36/SF
NOI
$31.2K $10.08/SF
Area
Niagara County, NY
Vacancy
6.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,940
Cap Rate 7%
$445,671
Cap Rate 9%
$346,633
Alternative Uses
Best Use
Industrial
$2.17M
$1.90M – $2.53M
NOI $151,650 @ 7.0% cap · market cap 19.08%
Second Best
Specialty Retail
$445.7K
$390.0K – $520.0K
NOI $31,197 @ 7.0% cap · market cap 3.92%
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
23k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 35%
Tim Hortons
Dining
14,926 visits/mo
0.4 miles
Dollar General
Shops & Services
7,402 visits/mo
0.2 miles
Gerber Collision & Glass
Shops & Services
469 visits/mo
0.3 miles
Demographics for 14304, NY
28,923
Population
13,705
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
92%
High-School Grad
21.5 sq mi
ZIP Area
1,345
Density / Sq Mi
$64,756
Median Household Income
$42,613
Median Earnings
$901
Median Rent
$151,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Food-service property with a complete kitchen, outdoor patio, volleyball court, parking, and a second-story apartment.
Where is this conventional restaurant located?
The property is located at 2319 Niagara Falls Blvd Niagara Falls, 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 restaurant and retail building; Full commercial kitchen with extensive included equipment; Second‑story apartment above the restaurant space
