2847 Park Ave, Buffalo, NY 14218-1518
This exceptional opportunity presents a fully operational, turnkey bar located at 2847 South Park Ave, Buffalo, NY 14218. The 2,304 square foot establishment, situated on a 0.7-acre lot, boasts a prime location near Veterans Stadium and the OLV Basilica, ensuring high foot traffic in a densely populated area. Built in 1900 and extensively renovated in 2021, this Class C retail property features a newly added patio perfect for outdoor seating and live music events. Currently operating at 100% occupancy, the bar offers a significant return on investment. Adding to its appeal is a five-bedroom apartment above the bar, currently undergoing renovation, which promises additional rental income upon completion. The property is zoned 425 and includes one building with two stories. The asking price is $299,000, translating to $129.77 per square foot. This is a rare chance to acquire an established, profitable business in a thriving location. Don't miss this golden opportunity.
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The Pour House Sports Bar of Lackawanna Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
NC · Buffalo, NYBuffalo. 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.