Technical
Financial
Distress signals
Property profile

3679 Commerce Pl Hamburg, NY 14075

OFF-MARKET
Turn key restaurants
Property ID
US63-0208677
5,967 SF 1.88 ac lot Built 1992
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located at 3679 Commerce Pl, Hamburg, NY 14075. The freestanding building, constructed in 1992 and extensively renovated in 2020, boasts 6,000 square feet of well-appointed space. Its prime location offers excellent visibility and signage directly off the New York State Thruway, ensuring high traffic exposure. The property benefits from its proximity to busy hotels, further enhancing its visibility and customer base. Currently operating as a successful restaurant, this property presents a fantastic opportunity for either a local operator seeking an established business or a franchise/chain looking to expand into a high-traffic area. Ample on-site parking is available, accommodating over 100 vehicles, ensuring convenience for patrons. The single-story building is situated in Erie County and offers a compelling investment opportunity priced at $1,350,000. This is a rare chance to acquire a thriving restaurant business in a highly desirable location with significant growth potential. The property's strong performance history and prime location make it an attractive investment for discerning buyers.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1992
Total area 5,967 SF
Lot 1.88 ac (81,893 SF)
APN 144889 182.07-1-7.1
UPID US63-0208677

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

3679 Commerce Pl Hamburg, NY 14075-3638
Hamburg metro Census 13201 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2011
4 recorded transactions
2011
Price N/A
2011
$450,000
2011
$600,000
2007
$725,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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