Property profile

5946 Lk Shr Rd Lake View, NY 14085

OFF-MARKET
Retail properties & Spaces
2,850 SF Built 1965
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Property summary

AI-generated overview

This exceptional retail property, located at 5946 Lake Shore Rd in Lake View, NY 14085, presents a unique investment opportunity. The 2,850 square foot building, constructed in 1965, is currently vacant and offers significant potential for a new owner-user. Previously operating as a long-established pizzeria and convenience store with an ice cream parlor, the property boasts a rich history and strong location on a high-traffic street. The sale includes all existing equipment. The property features ample parking with 29 spaces, as evidenced by an attached survey. Financial records are available upon request, demonstrating a history of solid performance. This is an ideal opportunity for an owner-operator seeking a turnkey business with established customer base and potential for growth. The building's convenient location in Erie County, New York, provides easy access to a large customer base. The seller will provide training and support to ensure a smooth transition for the new owner. This is a rare chance to acquire a well-established business and prime retail space in a desirable location. The asking price for this property is $300,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1965
Total area 2,850 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5946 Lk Shr Rd Lake View, NY 14085
Lake View metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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