Restaurant and Bar with
For Sale
$349,900
Pending
64 Old Fentonville Rd, Frewsburg, NY 14738
Includes a full-service kitchen, outdoor dining area, and dedicated off-street parking.
Property Size2,958 SF
Days on Market510
Property Features for 64 Old Fentonville Rd
General Information
Standard status
Pending
Size
2,958 SF
Additional Details
Patio
Yes
Taxes and HOA fees
Annual Taxes
$4,404
Amenities
bonus apartment
Listing Agency:
Century 21 Turner Brokers
(716) 763-7506
Listed By:
Daniel Terhune · License #10301217717
21
Source:
Exprealty
Added: May 28, 2025
Changed: Oct 8
Last Checked: Oct 16 at 1:04PM
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 Century 21 Turner Brokers
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Investment Insights
Based on property information with market context.
Located at 64 Old Fentonville Rd in Frewsburg, this restaurant property combines indoor dining and beverage service with supporting improvements. The layout includes a full-service kitchen, bar area, outdoor dining space, and an upstairs apartment that may provide additional income potential.
The parcel covers just over two acres and includes an established parking lot for off-street customer parking. The combination of restaurant infrastructure, outdoor seating, and a separate upstairs living component creates a versatile commercial property with multiple existing areas for use.
The parcel covers just over two acres and includes an established parking lot for off-street customer parking. The combination of restaurant infrastructure, outdoor seating, and a separate upstairs living component creates a versatile commercial property with multiple existing areas for use.
Key Highlights
- Restaurant property with full‑service kitchen and bar
- Just over two acres at 64 Old Fentonville Rd
- Outdoor dining area included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,294
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,880
$365.9K
Cap Rate 7%
$261,343
$261.3K
Cap Rate 9%
$203,267
$203.3K
Market Conditions
NOI Build-Up for 2,958 SF
Gross rent
$28.0K $9.48/SF
− Vacancy
−$1.9K −$0.64/SF
EGI
$26.1K $8.84/SF
− OpEx
−$7.8K −$2.65/SF
NOI
$18.3K $6.18/SF
Area
Chautauqua County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,880
Cap Rate 7%
$261,343
Cap Rate 9%
$203,267
Alternative Uses
Best Use
Specialty Retail
$555.6K
$486.2K – $648.3K
NOI $38,895 @ 7.0% cap · market cap 11.12%
Second Best
Industrial
$261.3K
$228.7K – $304.9K
NOI $18,294 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$885.4K
$774.7K – $1.03M
NOI $61,976 @ 7.0% cap · market cap 17.71%
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
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14738, NY
3,561
Population
1,714
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
92%
High-School Grad
65.0 sq mi
ZIP Area
55
Density / Sq Mi
$70,000
Median Household Income
$36,929
Median Earnings
$884
Median Rent
$130,300
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes a full-service kitchen, outdoor dining area, and dedicated off-street parking.
Where is this conventional restaurant located?
The property is located at 64 Old Fentonville Rd Frewsburg, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Restaurant property with full‑service kitchen and bar; Just over two acres at 64 Old Fentonville Rd; Outdoor dining area included
