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Turn-Key Bar/Restaurant Opportunity
For Sale
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Tonawanda, Tonawanda, NY 14217, Tonawanda, NY 14217

Profitable, renovated bar/restaurant with established clientele and growth potential.

Property Size2,800 SF
Price / SF$125
Days on Market1308

Property Features

General Information

Standard status Active
Size 2,800 SF
Property subtype Retail

Building Details

Year Built 1940
Listing Agency: HUNT Commercial
Listed By: Joseph Farrauto · License #NY 10301211758
Source: Crexi
Added: Jan 20, 2023 Changed: Aug 15 Last Checked: Aug 19 at 10:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HUNT Commercial

Investment Insights

Based on property information with market context.

This is a turn-key bar and restaurant opportunity. The business has been well-established with long-term patrons and is open 7 days a week. The property has been nearly fully renovated from top to bottom in the last few years. Updates include new floors, new tile, a new HVAC system, new kitchen equipment, and updated bathrooms. It features an outdoor patio and a full basement. The property is located close to a hospital, shopping areas, and a densely populated area. The business is for sale with a lease option for the building. The single net lease has two years remaining with the option to renew in five-year increments. The seller will provide training for 4 weeks at no cost and is amenable to remaining in the business for an extended time if desired. The property size is 2800 square feet.

Key Highlights

  • Turn‑key, profitable bar/restaurant with established clientele
  • Recent top‑to‑bottom renovation including new floors, tile, HVAC, kitchen equipment, and updated bathrooms**
  • Single net lease with renewal options

Property Analytics

Current Use

Bars & Pubs

Location Intelligence

Trade Area within ½ mile

1,158
Businesses Nearby
Balanced
Demand for This Use

Demographics for 14217, NY

23,085
Population
11,280
Households
2
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
7,214
Density / Sq Mi
$72,205
Median Household Income
$51,075
Median Earnings
$970
Median Rent
$193,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Nowhere Lounge 3115 Delaware Ave, Buffalo, NY 14217
  • Fattey Beer Co 3116 Delaware Ave, Kenmore, NY 14217
  • Black Iron Bystro 3067 Delaware Ave, Buffalo, NY 14217
  • The Jake Tavern & Grill 3020 delaware ave, kenmore, ny 14217
  • Danes Buffalo BBQ 50 crosby ave, buffalo, ny 14217

Frequently Asked Questions

What type of property is this?
Bar & Pub - Profitable, renovated bar/restaurant with established clientele and growth potential.
Where is this bar & pub located?
The property is located at Tonawanda, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Turn‑key, profitable bar/restaurant with established clientele; Recent top‑to‑bottom renovation including new floors, tile, HVAC, kitchen equipment, and updated bathrooms**; Single net lease with renewal options
(716) 465-2063 Call to check price and availability
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