2220 Pne St Niagara Falls, NY 14304
This exceptional Niagara Falls restaurant, established in 1927, presents a unique investment opportunity. Boasting 34,051 square feet, this four-generation family-owned establishment is a landmark in the heart of Little Italy. The property includes a large deli with a separate entrance, two expansive kitchens, a bakery, and a butcher shop. Two large dining areas comfortably seat 75 guests each, while the main bar, featuring a cozy fireplace, accommodates 30. Three banquet rooms—Sala DiMaria (150 guests), Francesco Hall (300 guests with elevator access), and Nick's Cabaret (150 guests)—offer versatile event space, each equipped with built-in bars and restrooms. A second-floor office provides additional space. Building features include a flat roof with HVAC, 3-phase power, tankless hot water, water filtration, a security system, and an unloading dock. The asking price is $895,000; business and inventory are available for an additional $200,000. Detailed financials and an inventory list are available upon request and execution of a confidentiality agreement. The current owner is willing to assist with a smooth transition. This is a chance to acquire a thriving business or launch a new venture in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.