317 Hopkins St Buffalo, NY 14220
For Sale
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This exceptional turn-key restaurant and bar opportunity is located in South Buffalo at 317 Hopkins St, in Erie County, NY 14220. The 4,632 square foot, two-story building sits on a 0.56-acre lot and boasts a spacious 30-foot bar with seating for 50, plus additional restaurant seating, easily accommodating up to 200 guests for events. The property includes all kitchen equipment, tables, chairs, bar, and TVs. A walk-in freezer and cooler are conveniently located off the kitchen and in the basement respectively. Recent renovations (2019) include a new roof (installed 4 years ago), updated outdoor seating/patio, and a large parking lot with expansion potential. Two income-generating apartments are included: a three-bedroom, one-bathroom unit above the bar (potential rental income $1,500/month) and a detached one-bedroom, one-bathroom apartment (potential rental income $950/month). The building features baseboard heat for the main area and forced air for the apartments, along with new air compressor and 1-ton AC units in the basement. The property is zoned commercial and benefits from excellent exposure and ample off-street parking. Its prime location offers easy access to major southern Buffalo markets (Lackawanna, West Seneca, Hamburg, Orchard Park, and Cheektowaga), the New York State Thruway (I-90 & I-190), and popular attractions like the Tesla Gigafactory, Mercy Hospital, Seneca Casino, Key Bank Center, Buffalo Harbor, Buffalo Riverworks, and the Buffalo Botanical Gardens. The asking price is $545,900 ($117.85/sq ft). This is a truly remarkable opportunity for a savvy investor. The building was constructed in 1920.
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
N-3E · 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.