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    2597 Ny-394 Steamburg, NY 14783

    Sponsored
    For Sale
    $1,375,000
    Property size:
    4,374 SF
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 2597 Ny-394

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,374 SF
    Class
    B
    Lot Size
    217,800 SF

    Building Details

    Buildings
    1
    Stories
    2
    Units
    2

    HighLights

    • Fully equipped restaurant and bar with a 2‑bedroom apartment.
    • Ample parking for customers and staff.
    • High‑traffic location on Route 394, near I‑86 (exit 17).
    • Versatile space suitable for various business models.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Steamburg
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.908536830159
    Latitude
    42.108637131371

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    Nearby Similar for Sale

    • $1,375,000

      Turn-Key Restaurant/Bar with Apartment

      Fully equipped restaurant/bar with apartment in high-traffic location.
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    • $1,375,000
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      Equipped Restaurant/Bar with Apartment

      Turn-key restaurant/bar with apartment near Interstate 86.
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      View Details

    FAQs

    Where is this individual retail property located?
    The property is located at 2597 Ny-394 Steamburg, NY.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: Fully equipped restaurant and bar with a 2-bedroom apartment.; Ample parking for customers and staff.; High-traffic location on Route 394, near I-86 (exit 17).
    Request Owner's contact information
    2597 Ny-394 Steamburg, NY 14783
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    Steamburg, NY 14783
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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
    2597 Ny-394 Steamburg, NY 14783
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