Views
Address
5885 Main Street, Newfane, NY
Price
$ 499,000
Property Attributes
- MLS#B1498100
- TypeCommercial
- CountyNIAGARA
- CityNewfane
- AreaNewfane
- NeighborhoodHolland Land Companys
- Zip14126
- StyleBusiness
- Year Built1920
- Taxes$ 4317
- Price$ 499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2584
- Lot Size3,720 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description
Prime Corner Free Standing Building!!! Great visibility at main intersection in popular tourist town and boating community! Take hold of this rare opportunity to own a bar and restaurant with views of Lake Ontario from updated patio and window seating. Located in the heart of historic village known for shops and community events throughout the year! Short walking distance to docking, marina, Krull Park, Carousel Park, beach, and other attractions with limited area dining and bar options. Free public parking reduces operating expenses! Could be used for any food use; restaurant, ice cream, bakery, quick service, deli, etc. Windows to sidewalk could be converted to a walk up food ordering and delivery option. Owner is selling the building in this prime location with the established business including all equipment and inventory for turn key owner user or investment opportunity! Third party generated property specific 3 year financial forecast available
| Price History | |
|---|---|
| 9/18/2023 | Listed $499,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Gas,ForcedAir |
| Utilities | SewerConnected,WaterConnected |
| Possession | CloseOfEscrow |
| Roof | Shingle |
| Zoning | COM |
| Year Built | 1920 |
| View | Water |
| Stories | 1 |
| Township | Not Applicable |
| Levels | One |
| Property SubType | Business |
| Business Type | Restaurant,BarTavernLounge |
| Waterfront Features | Lake |
| Business Name | Captain's Galley |
| County | Niagara |
| Net Operating Income | -4317.0 |
| Property Type | CommercialSale |
| Subdivision Name | Holland Land Companys |
| Building Features | Other,SeeRemarks |
| Status | Active |
| Directions | Lockport Olcott Rd north to intersection of Main St Lighthouse and Lake Ontario within view of main parking area. Ferris Wheel directly south of Restaurant |
| City | Newfane |
| Body of Water | Lake Ontario |
| View Y/N | Yes |
| High School District | Newfane |
| Zoning Description | Business |
| MLS Area | Newfane-292800 |
| Lot Size Square Feet | 3720.0 |
| Waterfront Y/N | No |
| Street Name | Main |
| Year Built Details | Existing |
| Tax Annual Amount | 4317.0 |
| Property Condition | Resale |
| Lease Considered Y/N | No |
| Days on Market | 171 |
| Standard Status | Active |
| Middle/Junior School District | Newfane |
| Elementary School District | Newfane |
| Tax Assessed Value | 71000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 21 |
| Property Sub Type Additional | Business,Commercial |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Hardwood,Linoleum,Varies,Vinyl |
| Total Stories | 1 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | Street |
Exterior Features
| Parking Features | Common |
|---|---|
| Water Source | Public |
| Total Parking | 0.0 |
| Inclusions | Land,Building and Business |
| Lot Size Area | 0.0854 |
| Number of Buildings | 1 |
| Building Area Total | 2584.0 |
| Lot Dimensions | 62X60 |
| Lot Size Acres | 0.0854 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 14126
Price
Taxes
Visits
Year Built
Walkscore
In The Neighborhood
Wheatfield
$ 439,000
- Type
- Commercial
- Size
- 4,784 SqFt
Listed by: HUNT Commercial Real Estate Corp. of Buffalo New York
Cambria
$ 990,000
- Type
- Commercial
- Size
- 8,056 SqFt
Listed by: Berkshire Hathaway Homeservices Zambito Realtors
Buffalo
$ 650,000
- Type
- Commercial
- Size
- 21,334 SqFt
Listed by: HUNT Commercial Real Estate Corp. of Buffalo New York
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
