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    FOR SALE
    Turn key restaurants

    4572 Clark St, Hamburg, NY 14075

    3,488 SF 0.25 ac lot Built 1942
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US63-2386895
    Property summary
    AI-generated overview

    This turnkey restaurant opportunity in Hamburg, NY, presents a unique chance to acquire a thriving business or a prime location for your own venture. Located at 4572 Clark St, this 2,600 square foot property sits on a 1.44-acre lot and boasts 65 parking spaces, ensuring ample room for customers and staff. The restaurant features a full bar, basement storage, a cooler, freezer, prep area, and an office, providing all the necessary infrastructure for a smooth operation. Currently operating at 100% occupancy with a gross lease, the remaining lease term is approximately 0.6 years. The property also includes a three-bedroom apartment on the second floor, currently generating $1,300 in monthly rent, adding to the investment potential. The restaurant is equipped with central air conditioning and features both wood and tile flooring. The current tenant is ready to vacate, offering the opportunity to seamlessly transition into the space or purchase the existing business and equipment. This property is ideal for an experienced restaurateur looking to expand or a new entrepreneur seeking a well-established location with significant upside. The combination of a thriving restaurant space and a rental apartment provides a compelling investment opportunity in a desirable location. The property's features, including ample parking and a convenient location, make it an attractive proposition for a wide range of potential buyers.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1942
    Total area 3,488 SF
    Lot 0.25 ac (10,950 SF)
    Zoning code C1
    APN 144889 183.15-1-12
    UPID US63-2386895
    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
    • Raphael's Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Fibrimi LLC · 11 yrs held
    Fibrimi LLC
    since 2014
    1 recorded transaction
    2014
    $335,000
    Zoning & alternative use
    C1 · Hamburg, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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