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    8881 Buffalo Ave Niagara Falls, NY 14304

    Sponsored
    For Lease
    $13 SF/Yr ($3,586 /Mo)

    Turnkey Restaurant, 3188 sq ft, Ample Parking

    Lot size:
    3,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,188-square-foot restaurant space is available for lease in Niagara Falls, New York. Located at 8881 Buffalo Avenue, this single-tenant property sits on a 0.22-acre lot and offers a fantastic opportunity for a new culinary venture. Built in 1959, the building has undergone recent significant improvements, including a complete roof tear-off, updated mechanical systems, and new flooring, seating, and bar areas. The property boasts ample on-site parking for approximately 20 vehicles. The kitchen is fully equipped with commercial-grade appliances, including three gas fryers, a four-burner range, a two-door glass cooler, a stainless steel one-door freezer, a prep table, a chest freezer, a four-door bar cooler, a hood system, and an Ansul fire suppression system. The current owner is open to a new tenant operating under the "Colloso Taco" name for an additional fee, presenting a unique branding opportunity. This turnkey operation is situated in Niagara County and offers immediate occupancy in a prime location. The property's address is 8881 Buffalo Avenue, Niagara Falls, NY 14304.

    Property Features for 8881 Buffalo Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,188 SF
    Total Rate
    3586.5

    Building Details

    Year Built
    1959

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,188 SF
    Rate per SF
    $13
    Property Profile Location Intelligence

    Current Use by Public Records

    Colosso Taco & Subs Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Niagara Falls
    County
    Niagara
    State
    New York
    Longitude
    -78.9590971
    Latitude
    43.0778776

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, 3188 sq ft, Ample Parking
    Where is this restaurant located?
    The property is located at 8881 Buffalo Ave Niagara Falls, NY.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    Request Owner's contact information
    8881 Buffalo Ave 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
    8881 Buffalo Ave Niagara Falls, NY 14304
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