Address Not Disclosed North Tonawanda, NY 14120
- Retail properties
- 8,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Address Not Disclosed
- Property size
- 8,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 8,000 square foot multi-use property in North Tonawanda, NY, presents a lucrative investment opportunity. Located in Niagara County on a high-traffic road, the property boasts a large parking lot accommodating 130+ vehicles. The main attraction is a fully equipped, turn-key restaurant exceeding 4,000 square feet, with seating for 125+ patrons and all inventory included in the lease. Beyond the restaurant, the building comprises two offices, a beauty salon, and a four-bedroom apartment, generating five income streams in addition to the restaurant's revenue. Currently operating at 100% occupancy, this property offers significant potential for growth. The 1.75-acre lot provides ample space and the building is priced at $1,375,000 ($171.88/sq ft). The seller is offering flexible financing options, including a 15-year note with 20% down and 0% interest for the entire building, or owner financing for the restaurant with 50% down. This is a rare chance to acquire a well-established, multi-faceted business with substantial income potential. The property's prime location and diverse revenue streams make it an ideal investment for both restaurateurs and seasoned investors seeking a stable, high-return asset. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Tonawanda
- County
- Niagara
- State
- New York
- Longitude
- -78.8609
- Latitude
- 43.0744
