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    OFF-MARKET
    Turn key restaurants

    8881 Buffalo Ave, Niagara Falls, NY 14304-4458

    3,188 SF 0.22 ac lot Built 1959
    Entity Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-1250248
    Property summary
    AI-generated overview

    This exceptional 3,188-square-foot restaurant space is available for lease in Niagara Falls, New York. Located at 8881 Buffalo Avenue, this single-tenant property sits on a 0.22-acre lot and offers a fantastic opportunity for a new culinary venture. Built in 1959, the building has undergone recent significant improvements, including a complete roof tear-off, updated mechanical systems, and new flooring, seating, and bar areas. The property boasts ample on-site parking for approximately 20 vehicles. The kitchen is fully equipped with commercial-grade appliances, including three gas fryers, a four-burner range, a two-door glass cooler, a stainless steel one-door freezer, a prep table, a chest freezer, a four-door bar cooler, a hood system, and an Ansul fire suppression system. The current owner is open to a new tenant operating under the "Colloso Taco" name for an additional fee, presenting a unique branding opportunity. This turnkey operation is situated in Niagara County and offers immediate occupancy in a prime location. The property's address is 8881 Buffalo Avenue, Niagara Falls, NY 14304.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1959
    Total area 3,188 SF
    Lot 0.22 ac (9,520 SF)
    Zoning code C1-A
    APN 291100 161.71-1-15
    UPID US63-1250248
    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
    • Colosso Taco & Subs Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    SAMYA LLC · 6 yrs held
    SAMYA LLC
    since 2020
    Last sale
    $35,000
    1 recorded transaction
    2020
    $35,000
    Zoning & alternative use
    C1-A · Niagara Falls, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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