Turnkey Restaurant with Outdoor
64 W MAIN ST Fredonia, NY 14063
For Sale
$595,000
Fully renovated restaurant built for immediate operation, featuring a full kitchen, bar setup, and year-round enclosed patio seating.
Property Size3,900 SF
Price / SF$152.56
Days on Market169
Property Features for 64 W MAIN ST
General Information
Standard status
Active
Size
3,900 SF
Property subtype
General Commercial
Building Details
Year Built
1900
Listing Agency:
Fredonia
(716) 679-8355
Listed By:
Howard Hanna Holt
(716) 679-8355
Source:
Xome
Added: Feb 11
Changed: Jul 10
Last Checked: Jul 29 at 3:33AM
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 Fredonia
Investment Insights
Based on property information with market context.
This fully renovated, turnkey restaurant property was built out from top to bottom in 2021 and is ready for an operator to move in and start service. The building includes a full commercial kitchen, an expansive bar, and multiple dining areas designed to support both everyday dining and special events. Front-of-house amenities include televisions throughout, along with a DJ booth and a stage for live music. Operational support is built into the kitchen with walk-in refrigeration, and the sale package is described as including glassware, barware, utensils, and cookware.
The restaurant is positioned in the heart of downtown Fredonia. Outdoor guest space is available through three patios, including an enclosed four-season patio with a firepit, which is intended to keep dining capacity active beyond the warmer months.
For tenants and buyers seeking a functioning food-and-beverage concept without the time and expense of a new buildout, this property offers an equipment-complete setup and defined front-and-back-of-house space. Seating is identified as accommodating 128 guests indoors and 88 guests outdoors, supporting a strong year-round dining plan across indoor and patio areas.
The restaurant is positioned in the heart of downtown Fredonia. Outdoor guest space is available through three patios, including an enclosed four-season patio with a firepit, which is intended to keep dining capacity active beyond the warmer months.
For tenants and buyers seeking a functioning food-and-beverage concept without the time and expense of a new buildout, this property offers an equipment-complete setup and defined front-and-back-of-house space. Seating is identified as accommodating 128 guests indoors and 88 guests outdoors, supporting a strong year-round dining plan across indoor and patio areas.
Key Highlights
- Fully renovated restaurant build‑out completed in 2021 in a 3,900± SF building with metal roof
- Full commercial kitchen plus expansive bar, with multiple dining areas for on‑site service
- Year‑round outdoor dining with three patios, including an enclosed four‑season patio with a firepit
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.2k | $18.00 |
| − Vacancy | −$1.8k | −$0.47 |
| EGI | $68.4k | $17.53 |
| − OpEx | −$17.1k | −$4.38 |
| NOI | $51.3k | $13.15 |
3,900 SF · lease $18.00/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$732.6K
$641.0K – $854.7K
NOI $51,281 @ 7.0% cap · market cap 8.62%
Second Best
Industrial
$344.6K
$301.5K – $402.0K
NOI $24,121 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,713 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully renovated restaurant built for immediate operation, featuring a full kitchen, bar setup, and year-round enclosed patio seating.
Where is this conventional restaurant located?
The property is located at 64 W MAIN ST Fredonia, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Fully renovated restaurant build‑out completed in 2021 in a 3,900± SF building with metal roof; Full commercial kitchen plus expansive bar, with multiple dining areas for on‑site service; Year‑round outdoor dining with three patios, including an enclosed four‑season patio with a firepit
