Tonawanda St Buffalo, NY 14217
- Retail properties
- 2,800 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Tonawanda St
- Year built
- 1940
- Property size
- 2,800 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
This thriving 2,800 square foot restaurant and bar in Tonawanda, NY, is a turnkey opportunity for immediate profitability. Located in Erie County, zip code 14217, this well-established business boasts a loyal customer base and operates seven days a week. Built in 1940, the property has undergone a nearly complete renovation in recent years, featuring new floors, tile, HVAC system, kitchen equipment, and updated bathrooms. A significant advantage is the inclusion of a full basement and an outdoor patio, expanding the usable space and potential revenue streams. The current lease is a single net lease with two years remaining, followed by five-year renewal options. The seller is offering four weeks of free training to ensure a smooth transition for the new owner and is open to remaining involved for an extended period if desired. The property's prime location near a hospital, shopping centers, and a densely populated area guarantees high visibility and consistent customer traffic. This is an exceptional opportunity to acquire a profitable, established business with significant upside potential. Asking price is $350,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buffalo
- County
- Erie
- State
- New York
- Longitude
- -78.8779
- Latitude
- 42.9753
