Restaurant With Full
For Sale
Contact for pricing
3019 PINE AVE, Niagara Falls, NY 14301
Restaurant property with dining space, commercial kitchen, office area, private-lot parking, and street parking.
Property Size5,646 SF
Price / SF$119.55
Days on Market188
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Property Features for 3019 PINE AVE
General Information
Standard status
Active
Size
5,646 SF
Total Parking Spaces
6
Property subtype
Retail, Hospitality, Business for Sale
Zoning
C2-B
Investment Type
Owner/User
Building Details
Year Built
1960
Buildings
1
Stories
1
Units
12
Listing Agency:
Colby Development LLC
Listed By:
Colby Smith · License #NY 10301216388
(716) 380-0815
Source:
Crexi
Added: Apr 11
Changed: Oct 4
Last Checked: Oct 14 at 11:56PM
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 Colby Development LLC
Investment Insights
Based on property information with market context.
La Hacienda Ristorante and Pizzeria is a restaurant property at 3019 Pine Avenue in Niagara Falls, NY. The operation includes a dining area, full bar, fully equipped kitchen, and office space, with seating for 125+ guests.
The property is positioned within the Pine Avenue business district and includes access to a private parking lot along with street parking. Kitchen equipment includes newer pizza ovens, fryers, coolers, and refrigerators.
The property is positioned within the Pine Avenue business district and includes access to a private parking lot along with street parking. Kitchen equipment includes newer pizza ovens, fryers, coolers, and refrigerators.
Key Highlights
- Restaurant with full bar, dining area, commercial kitchen, and office space
- Seating capacity for 125+ guests
- Newer pizza ovens, fryers, coolers, and refrigerators
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,891
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,820
$1.1M
Cap Rate 7%
$812,729
$812.7K
Cap Rate 9%
$632,122
$632.1K
Market Conditions
NOI Build-Up for 5,646 SF
Gross rent
$81.3K $14.40/SF
− Vacancy
−$5.4K −$0.96/SF
EGI
$75.9K $13.44/SF
− OpEx
−$19.0K −$3.36/SF
NOI
$56.9K $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%
$1,137,820
Cap Rate 7%
$812,729
Cap Rate 9%
$632,122
Alternative Uses
Best Use
Industrial
$3.95M
$3.46M – $4.61M
NOI $276,555 @ 7.0% cap · market cap 40.97%
Second Best
Specialty Retail
$812.7K
$711.1K – $948.2K
NOI $56,891 @ 7.0% cap · market cap 8.43%
Theoretical Best
Warehouse
$4.80M
$4.20M – $5.60M
NOI $335,817 @ 7.0% cap · market cap 49.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 35%
Home Improvements & Furnishings 2%
Tim Hortons
Dining
15,181 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,072 visits/mo
0.2 miles
AutoZone
Shops & Services
2,637 visits/mo
0.2 miles
SUBWAY
Dining
2,097 visits/mo
0.3 miles
Aaron's
Home Improvements & Furnishings
575 visits/mo
0.4 miles
Demographics for 14301, NY
12,618
Population
7,285
Households
1.7
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
2.1 sq mi
ZIP Area
6,009
Density / Sq Mi
$37,650
Median Household Income
$32,909
Median Earnings
$722
Median Rent
$79,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with dining space, commercial kitchen, office area, private-lot parking, and street parking.
Where is this conventional restaurant located?
The property is located at 3019 PINE AVE Niagara Falls, NY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Restaurant with full bar, dining area, commercial kitchen, and office space; Seating capacity for 125+ guests; Newer pizza ovens, fryers, coolers, and refrigerators
