Property summary
This exceptional Kenmore, NY commercial property, located at 1840 Military Rd, presents a unique investment opportunity. The 34,917 square foot building, constructed in 1961, sits on a 2.98-acre lot and boasts a single story design. Currently housing a thriving business, Classic Lanes, this turnkey operation offers immediate revenue generation with a projected Net Operating Income (NOI) of $325,000 for 2024. The sale includes the established business, complete with 36 synthetic bowling lanes (installed approximately 2022), Brunswick A-2 pinsetters, a full kitchen and bar, lounge area, café, and updated kitchen equipment (including new freezers, ice maker, and grill). Additional features include a large divisible event room, a dedicated birthday party room, and ample on-site parking. This prime location on Military Rd ensures high visibility and consistent foot traffic, while the adaptable interior space allows for diverse business applications. The property's substantial size and Kenmore's ongoing development promise significant long-term growth potential. Detailed financials are available upon request with a signed Non-Disclosure Agreement (NDA).
Property profile
VerifiedCap rate & NOI
Current use
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Electric Vehicle Charging Station
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(Bike/Boat/Book/etc) Store Bowling Alley
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Bowling Alley
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
P-S · Buffalo, NYZoning
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Zoning designation
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