Turnkey Bar and Restaurant
8735 Buffalo Avenue Niagara Falls, NY 14304
For Sale
$499,231
Renovated bar and restaurant with waterfront and all FF&E included.
Property Size3,420 SF
Price / SF$145.97
Days on Market127
Property Features for 8735 Buffalo Avenue
General Information
Standard status
Active
Size
3,420 SF
Property subtype
Retail
Listing Agency:
CBRE | Buffalo
(716) 857-0064
Listed By:
Matthew DiFrancesco, CCIM · License #Real Estate Salesperson
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 26 at 5:43AM
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 CBRE | Buffalo
Investment Insights
Based on property information with market context.
This turnkey bar and restaurant property, totaling 3,420 square feet, is available for purchase and includes all furniture, fixtures, and equipment. The two-story building, recently renovated, features 70 feet of frontage along Buffalo Avenue and 82 feet of waterfront, offering potential waterside service for boaters on the Niagara River. An 800-square-foot patio enhances the property. The first floor was completely renovated in 2023. A galley kitchen is equipped with a hood suppression system. There is potential for rental income from a second-floor apartment. The property is located near the Cayuga Drive/Buffalo Avenue exit of the LaSalle Expressway and approximately 3 miles from Niagara Falls International Airport.
Key Highlights
- Turnkey bar and restaurant (3,420 SF) with all furniture, fixtures, and equipment (FF&E) included.
- Waterfront location (82' frontage) on the Niagara River, suitable for waterside service to boaters.
- Prime location near the LaSalle Expressway (Cayuga Dr./Buffalo Ave. exit) and approximately 3 miles from Niagara Falls International Airport.
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 | $49.2k | $14.40 |
| − Vacancy | −$3.3k | −$0.96 |
| EGI | $45.9k | $13.44 |
| − OpEx | −$11.5k | −$3.36 |
| NOI | $34.5k | $10.08 |
3,420 SF · lease $14.40/SF/yr · vacancy 6.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$492.3K
$430.8K – $574.4K
NOI $34,461 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.91M
$2.54M – $3.39M
NOI $203,417 @ 7.0% cap · market cap 40.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Culbert's Pub — 8735 Buffalo Ave, Niagara Falls, NY 14304
- 87Buf sports bar — 8676 Buffalo Ave, Niagara Falls, NY 14304
- Foley's Tavern — 8752 Buffalo Ave, Niagara Falls, NY 14304
- Wilbur's — 504 Cayuga Dr, Niagara Falls, NY 14304
- Kelly's Corner — 524 Cayuga Dr, Niagara Falls, NY 14304
Frequently Asked Questions
What type of property is this?
Bar & Pub - Renovated bar and restaurant with waterfront and all FF&E included.
Where is this bar & pub located?
The property is located at 8735 Buffalo Avenue Niagara Falls, NY.
What is the asking price?
The asking price for this property is $499,231.
What are key features of this property?
This property features: Turnkey bar and restaurant (3,420 SF) with all furniture, fixtures, and equipment (FF&E) included.; Waterfront location (82' frontage) on the Niagara River, suitable for waterside service to boaters.; Prime location near the LaSalle Expressway (Cayuga Dr./Buffalo Ave. exit) and approximately 3 miles from Niagara Falls International Airport.
