672 Wehrle Dr, Buffalo, NY 14225-1168
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.
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The Fairdale Banquet Center Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.