219 Broad St, Salamanca, NY 14779-1441
This exceptional investment opportunity encompasses two adjacent commercial buildings totaling 1,265 square feet on a 0.36-acre lot in the heart of Salamanca, NY. The property, located at 219 & 231 Broad Street, currently houses a thriving pizza restaurant, ice cream parlor, coffee shop, and gift shop. Recent renovations to 219 Broad Street include an expanded dining area and a fully equipped, dual-kitchen setup featuring pizza ovens, a hood vent, and a walk-in cooler. The property boasts ample parking for 12-15 vehicles and an outdoor seating area. 231 Broad Street, currently operating as a gift shop, offers versatile commercial zoning, allowing for diverse future uses, including retail or office space. The strategic location benefits from high foot traffic, drawing both local residents and tourists attracted to nearby attractions such as the Salamanca Casino, Allegheny State Park, and St. Bonaventure University in Olean. This turnkey operation includes all equipment, inventory, and established brand names, presenting a rare opportunity to acquire a profitable, multi-faceted business with significant growth potential. Lease rates are negotiable. The property is zoned commercial and is a single-story free-standing building in Cattaraugus County.
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Latinos pizzeria Restaurant
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Marino's Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
03 - MULTI-FAMILY · Salamanca, NYSalamanca. Always verify with local authorities before improvements.
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.