Restaurant Building with Paved
For Sale
$275,000
3909 Creek Road, Youngstown, NY 14174
The property includes restaurant equipment, commercial zoning, and a paved adjoining lot.
Property Size1,620 SF
Days on Market120
Property Features for 3909 Creek Road
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Business
Taxes and HOA fees
Annual Taxes
$2,500
Building Details
Building Size
1,620 SF
Year Built
1950
Listing Agency:
Fastract Real Estate
Listed By:
James L Fasciano · License #37FA0862068
(716) 754-1111
Source:
Highfallssir
Added: Jun 17
Changed: Oct 6
Last Checked: Oct 13 at 1:40AM
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 Fastract Real Estate
Investment Insights
Based on property information with market context.
This restaurant property includes approximately 1,620 square feet of commercial space, a paved adjoining lot, and a selection of pizza restaurant equipment. The building was constructed in 1950 and received a new roof two years ago. Its established history as a pizzeria and restaurant provides a documented food-service use for the site.
The property is located on Creek Road in Youngstown, adjacent to the Lewiston-Porter School District campus and the Lewiston Police Department. The zoning is identified as RC, Commercial. The adjoining parcel has been merged with the property, creating a larger commercial footprint than the building site alone.
The property is located on Creek Road in Youngstown, adjacent to the Lewiston-Porter School District campus and the Lewiston Police Department. The zoning is identified as RC, Commercial. The adjoining parcel has been merged with the property, creating a larger commercial footprint than the building site alone.
Key Highlights
- Approximately 1,620 square feet of commercial space
- Paved adjoining lot formerly used for a car lot
- Pizza restaurant equipment included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,324
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,480
$326.5K
Cap Rate 7%
$233,200
$233.2K
Cap Rate 9%
$181,378
$181.4K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$23.3K $14.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$21.8K $13.44/SF
− OpEx
−$5.4K −$3.36/SF
NOI
$16.3K $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%
$326,480
Cap Rate 7%
$233,200
Cap Rate 9%
$181,378
Alternative Uses
Best Use
Specialty Retail
$233.2K
$204.1K – $272.1K
NOI $16,324 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.38M
$1.20M – $1.61M
NOI $96,356 @ 7.0% cap · market cap 35.04%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14174, NY
5,654
Population
2,601
Households
2.2
Avg Household Size
50
Median Age
34%
College-Educated
98%
High-School Grad
23.2 sq mi
ZIP Area
244
Density / Sq Mi
$78,922
Median Household Income
$53,841
Median Earnings
$1,152
Median Rent
$235,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property includes restaurant equipment, commercial zoning, and a paved adjoining lot.
Where is this conventional restaurant located?
The property is located at 3909 Creek Road Youngstown, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Approximately 1,620 square feet of commercial space; Paved adjoining lot formerly used for a car lot; Pizza restaurant equipment included in the sale
