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    2220 Pne St Niagara Falls, NY 14304

    Sponsored
    For Sale
    $895,000

    Historic Restaurant, 34,051 SF, Niagara Falls

    Property size:
    34,051 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Niagara Falls restaurant, established in 1927, presents a unique investment opportunity. Boasting 34,051 square feet, this four-generation family-owned establishment is a landmark in the heart of Little Italy. The property includes a large deli with a separate entrance, two expansive kitchens, a bakery, and a butcher shop. Two large dining areas comfortably seat 75 guests each, while the main bar, featuring a cozy fireplace, accommodates 30. Three banquet rooms—Sala DiMaria (150 guests), Francesco Hall (300 guests with elevator access), and Nick's Cabaret (150 guests)—offer versatile event space, each equipped with built-in bars and restrooms. A second-floor office provides additional space. Building features include a flat roof with HVAC, 3-phase power, tankless hot water, water filtration, a security system, and an unloading dock. The asking price is $895,000; business and inventory are available for an additional $200,000. Detailed financials and an inventory list are available upon request and execution of a confidentiality agreement. The current owner is willing to assist with a smooth transition. This is a chance to acquire a thriving business or launch a new venture in a prime location.

    Property Features for 2220 Pne St

    General Information

    Property type
    Restaurants
    Square Feet
    34,051 SF

    Building Details

    Year Built
    1920

    HighLights

    • $895,000 asking price for this 34,051 square foot retail property.
    • Located at 2220 Pine St, Niagara Falls, NY 14304.
    • Built in 1920, the property currently operates as the Como Restaurant and Lounge.
    • Features include two large kitchens, a bakery, butcher shop, multiple dining areas seating approximately 150 people, three banquet rooms with built‑in bars and restrooms, and a second‑floor office.
    • Additional features include a flat roof with HVAC, 3‑phase power, tankless hot water, water filtration, security system, and an unloading dock.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -78.9627624
    Latitude
    43.0939533

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    FAQs

    What type of property is this?
    Restaurant - Historic Restaurant, 34,051 SF, Niagara Falls
    Where is this restaurant located?
    The property is located at 2220 Pne St Niagara Falls, NY.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: $895,000 asking price for this 34,051 square foot retail property.; Located at 2220 Pine St, Niagara Falls, NY 14304.; Built in 1920, the property currently operates as the Como Restaurant and Lounge.
    Request Owner's contact information
    2220 Pne St Niagara Falls, NY 14304
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    Niagara Falls, NY 14304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2220 Pne St Niagara Falls, NY 14304
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