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    OFF-MARKET
    Turn key restaurants

    672 Wehrle Dr, Buffalo, NY 14225-1168

    8,368 SF 1.5 ac lot Built 2000
    Entity Owned Free & Clear
    Property ID
    US63-2355087
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents The Fairdale Banquet Center, a thriving 8,368 square foot establishment situated on a highly visible 1.5-acre corner lot in Buffalo, NY. Boasting a 23-year history of success, this all-brick building has consistently hosted a diverse range of events, from intimate gatherings to large-scale weddings accommodating up to 250 guests. The ample parking area comfortably accommodates over 100 vehicles, ensuring convenient access for all attendees. Inside, a full-service bar is strategically positioned, separate from the elegant banquet hall, which features impressive 14-foot ceilings and a state-of-the-art audiovisual system. A meticulously maintained, commercial-grade kitchen is perfectly equipped to handle the catering needs of any sizable event. Additional features include a spacious, dry basement ideal for storage, well-appointed restrooms, a large coatroom, and a dedicated manager's office. This turnkey operation offers significant potential for continued growth and profitability, making it an attractive investment opportunity in a desirable location. The property's prime location and established reputation ensure a strong foundation for future success. The asking price is $1,750,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2000
    Total area 8,368 SF
    Lot 1.5 ac (65,340 SF)
    APN 142289 80.15-1-31.1
    UPID US63-2355087
    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
    • The Fairdale Banquet Center Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    MC PARTLAN'S REALTY INC
    MC PARTLAN'S REALTY INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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