For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Hamburg market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
WC · Blasdell, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning