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Property profile & analytics

4038 Hoover Rd Blasdell, NY 14219-2322

  • Turn key restaurants
  • 1,380 SF
  • 1.08 lot acres
OFF-MARKET
Last Sale
Oct 31, 2020
$472,750
Value Estimations
$465,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-2788483
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.

Current Use by Public Records

  • Juicy Burger Bar / Hamburger Restaurant
  • Bedrock / Restaurant

Property Details for 4038 Hoover Rd

Year built
1973
Lot size
1.08 lot acres
Property size
1,380 SF
Zone code
WC
Property type
Turn key restaurants
APN
144889 159.14-1-2.1
APU
14488915914121

Description

This exceptional turnkey restaurant opportunity sits on a prime 1.08-acre lot boasting 455 feet of stunning Lake Erie waterfront. The property, located at 4038 Hoover Road in Hamburg, Erie County, New York (zip code 14219), offers a spacious 2,420 square feet of interior space, as per the floor plan dated October 15, 2022. The current owner is pursuing other culinary ventures, making this a unique chance to acquire an established business with significant potential. The property's waterfront location provides breathtaking views and a highly desirable setting for a restaurant. This established business has operated year-round in the past and could continue to do so, or alternatively, function as a successful seasonal operation for approximately nine months of the year. The asking price for this exceptional property is $800,000. This is a rare opportunity to own a well-established restaurant with a prime location on the shores of Lake Erie. The property is zoned for commercial use and presents a compelling investment opportunity for a discerning buyer. The property's size and location make it ideal for a variety of culinary concepts. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $465,000
    ML approach
    $475,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Blasdell
County
Erie
State
New York
Longitude
-78.8629
Latitude
42.775
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
2023
$0.00
$58,700
$116,300
$175,000
-
$183,437
$363,438
$546,875
More about this property
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