About This Restaurant
Investment Highlights
Restaurant for Sale or Lease Over 10 acres of land
Executive Summary
Restaurant for Sale/Lease or looking for a local partner to join the business! Land(Over 10 acres), name & recipes, equipment, inventory, building with its contents and fixtures are all included in the sale! There are two cozy banquet rooms that hold about 175 people (open currently for lunch and dinner), Two large kitchen areas, walk-in fridge, walk-in freezer, inventory storage room, bakery (many homemade items), large office, plenty of storage. Over 40 retail units inside that generate over $80,000 a year in rental income, about 4,000sqft of unfinished space could be more retail units or additional entertainment space to generate more income. Indoor/Outdoor bar that features many big screen TVs and two outdoor patios for entertaining. Large parking lot has over 100 parking spaces. Over 10 acres of agricultural land that offers many possibilities with fruit trees galore. Owner may be willing to separate the land. Newer roof and mechanics. Zoning right near the 10 acres. Possible use would be great for a RV park in the rear zoning is HC. Make your appt to see this money maker today, Owner is motivated!
Property Details
- Sale Type Investment or Owner User
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Restaurant
- Building Size 11,402
- Building Class C
- Year Built 1980
- Price 699,000
- Price Per SF 61
- Percent Leased Vacant
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 10.26 AC
Amenities
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Skylights
- Storage Space
- Air Conditioning
Date Created: | 2024-07-16 04:18:01 | Last Updated: | 2024-07-16 04:18:01 |
Address: | 3333 Lockport Olcott Rd , Newfane, New York, 14108 |