Updated Conventional Restaurant
810 Center St, Lewiston, NY 14092
For Sale
$599,000
Restaurant property with commercial kitchen, bar, patio, storage, and loading access.
Property Size4,073 SF
Days on Market108
Property Features for 810 Center St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Restaurant
Grease Trap
Patio
Equipment Included
Additional Details
Sprinkler System
Building Details
Building Size
Year Built
Listing Agency:
Hunt Commercial - Buffalo
Listed By:
Christina Cerrone Pecoraro · License NY #10401335573
(716) 531-6880
Source:
Huntcommercial
Added: Jul 30
Changed: Nov 12
Last Checked: Nov 12 at 6:15AM
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 Hunt Commercial - Buffalo
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Investment Insights
Based on property information with market context.
This conventional restaurant building has operated as a restaurant since 1958 and includes a large commercial kitchen with a half bath, walk-in cooler, gas fireplace, wraparound bar, full draft beer system, and updated main dining area. All new vinyl flooring runs throughout, with newer plumbing, electrical, and sprinkler/fire system updates. The front patio provides outdoor seating, while the second floor adds two sets of restrooms, additional seating, and an office.
A heated basement provides additional walk-in coolers, a freezer, storage, floor drains, a sump pump, and a grease trap. The property also includes a back door for loading and unloading and a parking lot that holds about 50 cars. Located on Center St in Lewiston and surrounded by successful businesses, the building offers an established restaurant configuration with furniture and some equipment included.
A heated basement provides additional walk-in coolers, a freezer, storage, floor drains, a sump pump, and a grease trap. The property also includes a back door for loading and unloading and a parking lot that holds about 50 cars. Located on Center St in Lewiston and surrounded by successful businesses, the building offers an established restaurant configuration with furniture and some equipment included.
Key Highlights
- Restaurant use established since 1958 in a building constructed in 1940
- Large kitchen with half bath, walk‑in cooler, floor drains, and grease trap
- Updated dining area with wraparound bar, gas fireplace, and full draft beer system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,041
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,820
$820.8K
Cap Rate 7%
$586,300
$586.3K
Cap Rate 9%
$456,011
$456.0K
Market Conditions
NOI Build-Up for 4,073 SF
Gross rent
$58.7K $14.40/SF
− Vacancy
−$3.9K −$0.96/SF
EGI
$54.7K $13.44/SF
− OpEx
−$13.7K −$3.36/SF
NOI
$41.0K $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%
$820,820
Cap Rate 7%
$586,300
Cap Rate 9%
$456,011
Alternative Uses
Best Use
Specialty Retail
$586.3K
$513.0K – $684.0K
NOI $41,041 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$960.1K – $1.28M
NOI $76,804 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Groceries 43%
Tops Friendly Markets
Groceries
26,859 visits/mo
0.2 miles
Tops Gas
Shops & Services
7,198 visits/mo
0.2 miles
Sunoco
Shops & Services
7,033 visits/mo
0.1 miles
Dollar General
Shops & Services
5,824 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,478 visits/mo
0.2 miles
Demographics for 14092, NY
11,030
Population
5,241
Households
2.1
Avg Household Size
51
Median Age
40%
College-Educated
95%
High-School Grad
21.2 sq mi
ZIP Area
520
Density / Sq Mi
$67,835
Median Household Income
$48,315
Median Earnings
$979
Median Rent
$246,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Conventional restaurants in Niagara County, NY
Properties on Market for Conventional restaurants in Niagara County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with commercial kitchen, bar, patio, storage, and loading access.
Where is this conventional restaurant located?
The property is located at 810 Center St Lewiston, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Restaurant use established since 1958 in a building constructed in 1940; Large kitchen with half bath, walk‑in cooler, floor drains, and grease trap; Updated dining area with wraparound bar, gas fireplace, and full draft beer system
