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    741 Perimeter Rd Frewsburg, NY 14738

    Sponsored
    For Sale
    $375,000

    Established Business, Prime Location

    Property size:
    3,258 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property in Frewsburg, NY, presents a unique investment opportunity. The 3,258 square foot building, situated on a 26,894 square foot lot, boasts two buildings and ample parking for 20 vehicles. Currently operating as a thriving general store and restaurant, the business has served the community for over 45 years, catering to boaters, campers, and locals alike. The sale includes all existing equipment, a walk-in refrigerator, and a built-in bar. A newly constructed covered porch offers stunning Allegheny River views and extensive seating. A spacious two-bedroom, one-bathroom apartment is included, ideal for owner occupancy, leasing, or short-term rentals. Additional space within the main building offers potential for expansion or leasing to other businesses. A detached building with a built-out patio provides further storage or leasing opportunities. This turnkey operation, located across from Onoville Marina Park, offers significant revenue potential and a strong foundation for continued success. The asking price is $375,000, with a price per square foot of $115.10. This is a rare chance to acquire a well-established business and prime real estate in a desirable recreational area. The property is located at 741 W Perimeter Rd, Frewsburg, NY 14738.

    Property Features for 741 Perimeter Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,258 SF

    Building Details

    Buildings
    2
    Stories
    1

    HighLights

    • Exceptional mixed‑use investment opportunity in Frewsburg, NY.
    • 3,258 SF building on a 26,894 SF lot with ample parking for 20 vehicles.
    • Includes a thriving general store and restaurant with existing equipment, walk‑in refrigerator, and bar.
    • Features a newly constructed covered porch with Allegheny River views and a two‑bedroom, one‑bathroom apartment.
    • Offers additional space for expansion or leasing, plus a detached building with a patio for storage or leasing.
    • Turnkey operation located across from Onoville Marina Park, asking $375,000 ($115.10/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Onoville General Store Convenience Store

    Suggested Use

    Hotel & Motel Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Frewsburg
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.9716441
    Latitude
    42.0302244

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Mixed-use property - Established Business, Prime Location
    Where is this mixed-use property located?
    The property is located at 741 Perimeter Rd Frewsburg, NY.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Frewsburg, NY.; 3,258 SF building on a 26,894 SF lot with ample parking for 20 vehicles.; Includes a thriving general store and restaurant with existing equipment, walk-in refrigerator, and bar.
    Request Owner's contact information
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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
    741 Perimeter Rd Frewsburg, NY 14738
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