115 Lk Rd, Mayville, NY 14757-9695
This exceptional turnkey restaurant opportunity, known as Webb's Harbor Restaurant, presents a unique investment prospect in Mayville, New York. Boasting a substantial 22,200 square feet of space, this established eatery is priced at $1,495,000 ($67.34 per square foot). Currently operating at 100% occupancy, the property enjoys a prime location directly across from Chautauqua Lake, a renowned year-round vacation destination. Ample off-street parking is available for patrons and staff. The restaurant features a second-floor patio offering stunning lake views, adding to its appeal. A completely updated carryout and cafe area complements the main dining space. The property also includes extensive event and banquet facilities, capable of accommodating over 200 guests. Significant potential exists for expansion within the existing footprint. Its strategic location between Buffalo, Cleveland, and Pittsburgh, coupled with its proximity to the Chautauqua Institution (a nationally recognized educational center and resort), ensures a robust and diverse customer base. Convenient access via Westfield Exit 90 further enhances its accessibility. This property is ideally suited for continued operation as a restaurant, or repurposing as a brewery, wedding venue, or conference center.
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Catherine Brooks, Howard Hanna Holt - Mayville Real Estate Agency
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Webb's Candy Shop Specialty Food Shop Candy Store
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Webb's Captain's Table Restaurant Restaurant
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Webb's Carryout + Cafe Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Mayville, NYMayville. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.