You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Investment properties

3167 South Park Ave Lackawanna, NY 14218

4,834 SF 0.12 ac lot Built 1900
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US63-3668187
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a fully operational and recently remodeled bar and restaurant located at 3167 South Park Ave, Lackawanna, NY 14218. The 5,914 square foot, two-story building boasts a stylish and modern interior, featuring a spacious dining area with ample seating, a large and inviting bar perfect for socializing, and a fully equipped, modern kitchen. Additional amenities include a newly remodeled international coffee bar and restrooms. The property also includes a large, functional kitchen with updated appliances, substantial cooler and freezer space, and ample storage for dry goods. A significant advantage is the large paved parking lot, complemented by an adjacent overflow parking area, ensuring convenient customer and employee parking. Further enhancing the investment potential is a second-floor apartment, offering an additional revenue stream. The property is zoned as a Neighborhood Tavern and is currently operating at 100% occupancy. This well-maintained Class B retail property is priced at $499,000 ($84.38/sq ft) and represents a strong investment opportunity in a prime Lackawanna location. The owner's retirement sale makes this a truly unique opportunity that is priced to sell quickly. Don't miss out on this exceptional chance to acquire a thriving business in a desirable location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 4,834 SF
Lot 0.12 ac (5,075 SF)
Zoning code NC
APN 140900 142.70-4-27.1
UPID US63-3668187
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jad Specialty Dev INC · 7 yrs held
Jad Specialty Dev INC
since 2019
3 recorded transactions
2019
$109,000
2010
Price N/A
1969
Price N/A
Zoning & alternative use
NC · Buffalo, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message