Mixed-Use Bar and Apartment
715 Ridge Rd Lackawanna, NY 14218
715 Ridge Rd, Lackawanna, NY, 14218
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For Sale
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Mixed-use property with a fully equipped bar and two renovated 3-bedroom apartments on a double lot.
Days on Market91
Property Features for 715 Ridge Rd
General Information
- Standard status
- Active
- Property subtype
- Retail, Office, Mixed Use
Listing agency
Grimaldi Commercial Realty Corp
(813) 882-0884
Listed by
Kari Lynn Grimaldi · License #FL BK3076744
Source
Crexi
Added: Apr 24 Updated: Jul 23 at 12:41AM Checked: Jul 23 at 12:41AM
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 Grimaldi Commercial Realty Corp
Investment Insights
Based on property information with market context.
715 Ridge Rd offers a mixed-use setup featuring a fully equipped, turn-key bar plus two renovated 3-bedroom apartments. The property includes a full dry basement with on-site laundry. The bar area is supported by 22 taps (16 air-cooled) and a new glycol system, along with updated electric, 22 new windows, and new HVAC installed in 2022. Exterior updates include a brand-new outdoor patio, with the seller committed to completing facade painting and additional exterior improvements.
The property is described as being in the heart of Lackawanna, just steps from the South Park Avenue corridor. Public remarks also describe the site as being in a high-traffic area with excellent visibility and accessibility, surrounded by a mix of established businesses and residential neighborhoods.
Per the seller’s remarks, the bar generates $2,000 per month in passive income from NY Lotto Quick Draw and can be leased for $3,500 per month or operated for higher returns. The two apartments are currently rented at $1,500 per month each, with stated potential to increase to $1,850 per month each.
The property is described as being in the heart of Lackawanna, just steps from the South Park Avenue corridor. Public remarks also describe the site as being in a high-traffic area with excellent visibility and accessibility, surrounded by a mix of established businesses and residential neighborhoods.
Per the seller’s remarks, the bar generates $2,000 per month in passive income from NY Lotto Quick Draw and can be leased for $3,500 per month or operated for higher returns. The two apartments are currently rented at $1,500 per month each, with stated potential to increase to $1,850 per month each.
Key Highlights
- Mixed‑use property on a double lot with a fully equipped bar plus two renovated 3‑bedroom apartments
- Bar features 22 taps (16 air‑cooled) with a new glycol system, plus updated electric and 22 new windows
- New HVAC (2022) and brand‑new outdoor patio
Property Analytics
Location Intelligence
Current Use by Public Records
Ice House Pub
Nightclub
Similar For Sale Nearby
Similar Off Market Nearby
- Cityline Munch Eatery — 2412 South Park Ave, Buffalo, NY 14220
- সওততজওতহডজ — 1298 Electric Ave, Buffalo, NY 14218
- The Pour House Sports Bar of Lackawanna — 2847 South Park Ave, Lackawanna, NY 14218
- Cagneys Too — 1254 Electric Ave, Lackawanna, NY 14218
- Ice House Pub — 715 Ridge Rd, Lackawanna, NY 14218
FAQs
What type of property is this?
Bar & Pub - Mixed-use property with a fully equipped bar and two renovated 3-bedroom apartments on a double lot.
Where is this bar & pub located?
The property is located at 715 Ridge Rd Lackawanna, NY.
What are key features of this property?
This property features: Mixed‑use property on a double lot with a fully equipped bar plus two renovated 3‑bedroom apartments; Bar features 22 taps (16 air‑cooled) with a new glycol system, plus updated electric and 22 new windows; New HVAC (2022) and brand‑new outdoor patio
