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Property profile & analytics
OFF-MARKET
Turn key restaurants

3679 Commerce Pl Hamburg, NY 14075-3638

5,967 SF 1.88 ac lot Built 1992
Entity Owned 14-yr Hold Free & Clear
Property ID
US63-0208677
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Waterstone Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
5748 South Park Avenue LLC · 14 yrs held
5748 South Park Avenue LLC
since 2011
4 recorded transactions
2011
Price N/A
2011
$450,000
2011
$600,000
2007
$725,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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