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    OFF-MARKET
    Turn key restaurants

    5095 Day Rd, Lockport, NY 14094-3532

    3,600 SF 1.1 ac lot Built 2018
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US63-2211291
    Property summary
    AI-generated overview

    This established, seasonal hot dog and ice cream restaurant in Lockport, NY, presents a unique investment opportunity. Located directly across from a picturesque park on Day Road, this turnkey operation boasts a 3,600 square foot, Class A building constructed in 2019 and fully renovated the same year. The property includes a fully equipped kitchen with four fryers, two griddles, a large grill, walk-in cooler and freezer, multiple custard machines, and a salad bar serving station. Both indoor and outdoor seating is available, with retractable garage doors allowing for flexible dining options depending on the weather. A 24x36 pole barn provides ample storage space. The 47,916 square foot lot offers ample parking, supplemented by additional parking across the street at the park. The restaurant benefits from a high-traffic location, attracting families, tourists, and locals. Its popular menu and strong community presence contribute to consistent revenue, with potential for growth through menu expansion, extended hours, or catering services. The property is zoned AR and features two single-story buildings. Financial information demonstrating consistent profitability is available upon request. This is an exceptional opportunity to acquire a successful business in a desirable location. The asking price is $900,000, with a price per square foot of $250.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2018
    Total area 3,600 SF
    Lot 1.1 ac (47,916 SF)
    Zoning code AR
    APN 292600 110.00-1-40
    UPID US63-2211291
    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
    • Parkside Drive-In Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lj & Mw Ents LLC · 9 yrs held
    Lj & Mw Ents LLC
    since 2017
    3 recorded transactions
    2017
    2010
    $11,000
    2009
    Zoning & alternative use
    AR · Lockport, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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