3678 Ransomville Rd, Ransomville, NY 14131
Conventional restaurants
- Added:
- Jun 28, 2024
- Days on Market:
- 739
- Last Refresh:
- Jul 4 at 11:03 am
Property Features for 3678 Ransomville Rd
General Information
- Standard status
- Active
- Size
- 4,128 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1993
Listing office Keller Williams Buffalo (716) 771-2477
Listing date Jun 28, 2024
Source Crexi
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 Keller Williams Buffalo
HighLights
- Turnkey Restaurant Operation: Includes all equipment, inventory, supplier relationships, and trained staff.
- Established Customer Base & Excellent Reputation: A local favorite with consistently high ratings.
- Proven Profitability: Strong financial performance with potential for growth.
- Prime Location: Situated in a bustling area with excellent visibility.
- Spacious Dining Area & Outdoor Seating Potential: Ample seating capacity with multiple dining rooms.
- Fully Equipped: Sale includes all kitchen equipment, appliances, furniture, and fixtures.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.4k | $14.40 |
| − Vacancy | −$4.0k | −$0.96 |
| EGI | $55.5k | $13.44 |
| − OpEx | −$13.9k | −$3.36 |
| NOI | $41.6k | $10.08 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ransomville
- County
- Niagara
- State
- New York
- Longitude
- -78.9099381
- Latitude
- 43.2354894