2598 Main St, Newfane, NY 14108-1021
This exceptional mixed-use property, situated at 2598 Main Street in the heart of historic Newfane, New York, presents a unique investment opportunity. Boasting high visibility on Main Street, this established business, operating for over three generations, offers a turnkey restaurant operation on a substantial 2.8-acre lot. The possibilities are endless with this expansive property. The restaurant itself features a recently updated floor plan, a fully equipped kitchen, and an impressive 13-tap system. Safety is prioritized with a newer Ansul fire suppression system. Outdoor amenities include sand volleyball courts, a pavilion, covered picnic tables, and an outdoor keg cooler with four taps. Ample parking is provided with 71 spaces. A large merchandising cooler is also included, adding to the versatility of this already impressive offering. The 5,248 square foot building provides significant space for expansion or diversification of the existing business. This property is ideally suited for a discerning buyer seeking a well-established, profitable business with significant growth potential. The combination of a thriving restaurant and expansive land provides a rare opportunity in the desirable Newfane market.
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ATM Atm
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Calhoon's Pub Bar & Pub 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
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.