Restaurant Building with Paved
For Sale
$275,000
3909 Creek Road, Youngstown, NY 14174
CommercialSale, Youngstown, NY
Property Size1,620 SF
Lot Size0.48 Acres
Price / SF$169.75
Days on Market102
Property Features for 3909 Creek Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RC
Zoning description
Commercial
Parking
50
Parking features
Paved or Surfaced, Driveway
Subdivision
Holland Land Companys
Lot features
Irregular Lot
Elementary school district
Lewiston-Porter
Middle school district
Lewiston-Porter
High school district
Lewiston-Porter
Directions
Straight down Creek Road adjacent to Lewiston Porter School System.
Standard status
Active
APN
293489-060-000-0003-014-000
Size
1,620 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Annual Amount
2500
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas, Gravity
Building Details
Year built
1950
Floors in Building
1
Building materials
Block
Roof type
Asphalt
Listing Agency:
Fastract Real Estate
(716) 285-1111
Listed By:
James L Fasciano · License #37FA0862068
(716) 754-1111
Added: Jun 17
Changed: Sep 15
Last Checked: Sep 26 at 8:06PM
MLS# B1691708
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This conventional restaurant property includes approximately 1620 square feet of commercial space in a block building constructed in 1950. The sale includes pizza restaurant equipment, while the adjacent paved lot provides additional commercial site area and was previously used for vehicle sales. The building has an asphalt roof installed two years ago and is served by forced-air and gravity heating with natural gas, along with a septic tank system.
The property is located at 3909 Creek Road in Youngstown, adjacent to the Lewiston-Porter School District campus and the Lewiston Police Department. The parcel measures 0.4775 acres and includes paved or surfaced parking and a driveway. RC zoning is identified for the property.
The property is located at 3909 Creek Road in Youngstown, adjacent to the Lewiston-Porter School District campus and the Lewiston Police Department. The parcel measures 0.4775 acres and includes paved or surfaced parking and a driveway. RC zoning is identified for the property.
Key Highlights
- Approximately 1620 square feet of commercial restaurant space
- 0.4775‑acre commercial parcel on Creek Road
- Pizza restaurant equipment included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,324
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant property with pizza equipment, paved parking, and RC zoning.
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 1620 square feet of commercial restaurant space; 0.4775‑acre commercial parcel on Creek Road; Pizza restaurant equipment included in the sale
