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Financial
Distress signals
Property profile

690 E Main St Springville, NY 14141

FOR LEASE
Turn key restaurants
Property ID
US63-3140977
4,046 SF 1 ac lot Built 1970
Last sale Apr 1996 · $175,000
Individually Owned Owner of record is an individual. 28-yr Hold Held for 28 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 690 E Main St, Springville, NY is a restaurant building with 4,046 square feet of functional interior space, built in 1900 and zoned COM. The layout includes a main dining room with bar and dining area, a dedicated ice cream room, a large kitchen with dishwashing room, a walk-in cooler, and a 10x13 freezer, along with a private office. There are three restrooms, including one designed for handicap accessibility, and the dining room features installed new flooring. The building…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$95k
Assessed land$34k
Assessed improvement$60k

Value estimate

· Oct 2026
$245k
$221k – $270k
AI approach$260k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$8k
Operating expenses−$16k
NOI · 16.24% cap applied$49k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 168 recorded sales of this use type
Observed band · Q1–Q3$57 – $236
Qualifying comparables7

Cap rate analysis

How does the asset earn?
16.24%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
5
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand index
Restaurant9.1
Pharmacy8.9
Garden Center8.8

Location

690 E Main St Springville, NY 14141
County assessor Recorded deeds · not on file 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
210 Main, Springville, NY 14141-1087 $225,000 May 2024 5,728 SF
297 Cascade, Springville, NY 14141-9120 $2,230,000 Nov 2022 3,366 SF
535 Main, Springville, NY 14141-1049 $445,000 Jun 2022 7,200 SF
5962 Rte 39, Springville, NY 14141-9724 $45,000 Apr 2021 5,296 SF
10 Cascade, Springville, NY 14141-9227 $1,126,533 Aug 2020 2,584 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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