5685 Mckinley Pkwy Hamburg, NY 14075-3929
Property profile & analytics
5685 Mckinley Pkwy, Hamburg, NY 14075-3929
- Drive through restaurants
- 918 SF
- 0.19 lot acres
Property ID
US63-1974663
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.
Location Intelligence
Current Use by Public Records
- Ginger & Garlic Chinese Restaurant / Restaurant
Property Details for 5685 Mckinley Pkwy
- Year built
- 1965
- Lot size
- 0.19 lot acres
- Property type
- Drive through restaurants
- APN
- 144889 183.15-1-13
- APU
- 14488918315113
Description
This exceptional investment opportunity presents a 918-square-foot retail space currently operating as a successful Chinese fast-food restaurant, Ginger & Garlic, located at 5685 McKinley Parkway in Hamburg, NY, 14075. The property, built in 1965, sits on an 8,100-square-foot lot and includes 8 parking spaces. The asking price is $249,900, translating to $272.22 per square foot. The property is classified as Class C and zoned for business use. The current lease is a gross lease with a single tenant currently occupying 100% of the space. The lease expires on December 31, 2024, with a remaining term of approximately 0.1 years. A five-year lease option exists with built-in annual rent increases. The tenant, who desires to remain, is responsible for their own utilities, garbage, and water. This net lease investment offers a strong, established tenant and the potential for continued rental income growth. The property's location adjacent to the Hamburg Fair Grounds provides excellent visibility and accessibility. This is a rare opportunity to acquire a profitable, established business with a reliable tenant and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Hamburg
- County
- Erie
- State
- New York
- Longitude
- -78.8124
- Latitude
- 42.7327
- 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
$17,500
$65,800
$83,300
-
$54,688
$205,625
$260,313
