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3333 Lockport Olcott Rd Newfane, NY 14108

Sponsored
For Sale
$699,000

Established Restaurant w/ 10 Acres

Description

Added:
Dec 11, 2024
Days on Market:
395
This exceptional turnkey restaurant opportunity in Newfane, NY, presents a unique blend of established business and significant development potential. Located on over 10 acres of land at 3333 Lockport-Olcott Road, this 1-story, 1980-built property boasts a spacious layout including two banquet rooms accommodating approximately 175 guests, two large kitchen areas, walk-in refrigeration, ample storage, a bakery, and a large office. Currently operating for lunch and dinner service, the restaurant includes over 40 retail units generating over $80,000 in annual rental income. An additional 4,000 square feet of unfinished space offers expansion opportunities for more retail or entertainment venues. The property also features an indoor/outdoor bar with multiple large-screen TVs and two outdoor patios. A large parking lot provides over 100 spaces. The expansive 10.2-acre lot includes fruit trees and offers further development possibilities. The seller may consider selling the land separately. The property benefits from a newer roof and updated mechanical systems. This C1-zoned property is priced at $699,000 and presents a compelling investment opportunity for a savvy entrepreneur. The existing inventory, equipment, and established name and recipes are included in the sale. Contact us today to schedule a viewing.

Property Features for 3333 Lockport Olcott Rd

General Information

Property type
Restaurants
Lot Size
444,312 SF

Building Details

Year Built
1980
Buildings
1
Stories
1

HighLights

  • Turnkey restaurant in Newfane, NY on 10.2 acres.
  • 1‑story, 1980‑built building with two banquet rooms (175+ capacity), two kitchens, walk‑in refrigeration, ample storage, bakery, and large office.
  • Over 40 retail units generating $80,000+ annual rental income.
  • 4,000 sq ft of unfinished space for expansion.
  • Indoor/outdoor bar, multiple large‑screen TVs, two outdoor patios, and 100+ parking spaces.
  • Includes existing inventory, equipment, established name, and recipes.
Property Profile Location Intelligence

Current Use by Public Records

Gordie Harper Bazaar Restaurant Hearts for the Homeless Donations Center Chestnut Ridge Premium ... Flag Store

Suggested Use

Realty agency Dental Office Wholesale Shop Hair Salon Hotel & Motel Gym & Fitness Department Store Food Market Garden Center Discount Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newfane
County
Niagara
State
New York
Longitude
-78.69407381
Latitude
43.25326387

FAQs

What type of property is this?
Restaurant - Established Restaurant w/ 10 Acres
Where is this restaurant located?
The property is located at 3333 Lockport Olcott Rd Newfane, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Turnkey restaurant in Newfane, NY on 10.2 acres.; 1-story, 1980-built building with two banquet rooms (175+ capacity), two kitchens, walk-in refrigeration, ample storage, bakery, and large office.; Over 40 retail units generating $80,000+ annual rental income.
More about this property
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