Former Friar's Table 301 Cleveland Dr

301 Cleveland Dr , Cheektowaga, New York, 14215 | 4,053 sq.f | $ 450,000

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About This Restaurant

Investment Highlights

Executive Summary

Great Investment opportunity. Long term tenant with a successful restaurant business in a net lease. Fully rehabbed building from top to bottom, this property has it all. Updated roof, exterior, HVAC, updated electrical, flooring, baths, kitchen, parking lot. The bar, dining room, and large kitchen all have been restored. Full basement walk-in cooler and freezer, 52 parking spots. Gross income $46,100. per year Great investment with solid tenant in place.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,053
  • Building Class    C
  • Year Built    1970
  • Price    450,000
  • Price Per SF    111
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.29
  • Land Acres    0.32 AC

Property Taxes

Parcel Number 143089-080-170-0014-001-100 Improvements Assessment $29,700 (2023)
Land Assessment $310,000 (2023) Total Assessment $13,188 (3.25/SF)
Date Created: 2024-07-16 04:18:02 Last Updated: 2024-07-16 04:18:02
Address: 301 Cleveland Dr , Cheektowaga, New York, 14215