12-14 Water St

12-14 Water St , Fredonia, New York, 14063 | 2,208 sq.f | $ 419,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

Executive Summary

Opportunity Knocks! Turn key and ready to go, Fredonia's original nightclub is for sale! This popular and profitable Hot Spot features state of the art sound and lighting, as well as an updated bar, and restrooms. It has also undergone many structural improvements, including a new roof, tile flooring, and upgraded electrical and refrigeration systems. It is centrally located close to SUNY Fredonia and adjacent to plenty of public parking. The owner is looking to retire after many years of building and running this highly successful business.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Bar
  • Building Size    2,208
  • Building Class    B
  • Year Built    1923
  • Price    419,000
  • Price Per SF    190
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.63
  • Land Acres    0.08 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Signage
  • Air Conditioning

Property Taxes

Parcel Number 065801-113-065-0002-058-000 Improvements Assessment $4,190
Land Assessment $17,950 Total Assessment $22,140
Date Created: 2024-07-16 04:18:03 Last Updated: 2024-07-16 04:18:03
Address: 12-14 Water St , Fredonia, New York, 14063