3333 Lockport Olcott Rd, Newfane, NY 14108-9725

This exceptional turnkey restaurant opportunity in Newfane, NY, presents a unique blend of established business and significant development potential. Located on over 10 acres of land at 3333 Lockport-Olcott Road, this 1-story, 1980-built property boasts a spacious layout including two banquet rooms accommodating approximately 175 guests, two large kitchen areas, walk-in refrigeration, ample storage, a bakery, and a large office. Currently operating for lunch and dinner service, the restaurant includes over 40 retail units generating over $80,000 in annual rental income. An additional 4,000 square feet of unfinished space offers expansion opportunities for more retail or entertainment venues. The property also features an indoor/outdoor bar with multiple large-screen TVs and two outdoor patios. A large parking lot provides over 100 spaces. The expansive 10.2-acre lot includes fruit trees and offers further development possibilities. The seller may consider selling the land separately. The property benefits from a newer roof and updated mechanical systems. This C1-zoned property is priced at $699,000 and presents a compelling investment opportunity for a savvy entrepreneur. The existing inventory, equipment, and established name and recipes are included in the sale. Contact us today to schedule a viewing.