3333 Lockport Olcott Rd Newfane, NY 14108
Property Lookup
Property profile & analytics
3333 Lockport Olcott Rd Newfane, NY 14108
- Turn key restaurants
- 11,402 SF
- 10.20 lot acres
Property ID
US63-3785590
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Gordie Harper Bazaar / Restaurant
- Hearts for the Homeless / Charitable Organization
- Chestnut Ridge Premium Flags / (Bike/Boat/Book/etc) Store
Property Details for 3333 Lockport Olcott Rd
- Year built
- 1980
- Lot size
- 10.20 lot acres
- Property size
- 11,402 SF
- Property type
- Turn key restaurants
- APN
- 292800 53.00-1-35.212
- APU
- 2928005300135212
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newfane
- County
- Niagara
- State
- New York
- Longitude
- -78.6921
- Latitude
- 43.2535
- CBSA code
- 15380
- CBSA name
- BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$23,900
$192,600
$216,500
-
$45,956
$370,344
$416,300
