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Property profile & analytics
OFF-MARKET
Drive through restaurants

69 Grand Is Blvd Tonawanda, NY 14150-6603

1,408 SF 0.22 ac lot Built 1951
Individually Owned 10-yr Hold Free & Clear
Property ID
US63-3240934
Property summary
AI-generated overview

This 3,075 square foot retail space at 69 Grand Island Blvd, Tonawanda, NY 14150, is a prime opportunity. Located in Erie County, next to Sheridan Park Golf Course, this Class C building boasts high visibility and consistent traffic. The property features a fully equipped kitchen with premium appliances (hood vents, deep fryers, charcoal grill, milkshake machines) included in the sale. A spacious, awning-covered outdoor seating area is perfect for dining or events. The building includes 15 parking spaces plus street parking. Recent updates include a new roof, AC, and heating system. While electrical and plumbing updates are needed, the seller offers a concession to cover these costs. The property is available for lease at $2,800 per month, with an option to purchase. The current owner will even sell the business name, recipes, and provide training to the new owner, offering a chance to continue a 70-year legacy. Built in 1951, this single-tenant space is ideal for restaurants, breweries, or fast-food franchises. This is a rare opportunity to acquire a well-established business in a high-traffic location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1951
Total area 1,408 SF
Lot 0.22 ac (9,520 SF)
Zoning code C
APN 146489 65.07-1-7
UPID US63-3240934
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Louie's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Angelo M Turco · 10 yrs held
Angelo M Turco
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
C · Tonawanda, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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