Historical Retail Sale Listing - Blue Lantern Lounge

Retail For Sale

This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Retail For Sale, Elma, NY or New York

Blue Lantern Lounge

6120 Seneca St., Elma, NY 14059

N/A

4,302 SF | Retail

  • Print

One of Two Entrances to the Blue Lantern Lounge

Retail Property - Off Market

Price:
N/A
Building Size:
4,302 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Business For Sale
Commission Split:
3%
No. Stories:
2
Year Built:
1870
Lot Size:
1.03 AC
Listing ID
17367710
Last Updated
over 1 year ago

Highlights

  • Fully Renovated - Entire Property
  • Growth Opportunities
  • 6 years established Business
  • 2011 = 13% Cap Rate
  • Loyal Customer Base
  • Excellent Reputation!

Description

Eclectic, Upscale Restaurant/Bar, located in a rural Southtown community catering to a very loyal customer base. Casual Fine Dining & Full Service Bar w/ deck for outdoor dining. Currently operates as a 5 day/week dinner business w/ growth opportunity. Building(374K) & Business(125K) include fully renovated 50 seat (plus 25 seats /seasonal deck + bar seats (29)) (Total: 104) - restaurant, storage facility & 2 BR/1 FB apartment plus sitting room, 2nd FB & office on 2nd floor. Upstairs facility could be chef's quarters or turn it into a rental - has it's own private entrance. This IS a turnkey business opportunity - one you won't believe!! Serious buyers only - proof of funds & confidentialty agreement required for included Inventory and review of data sheets. All-In Price Reflects a 20% cap rate

From S. Transit Rd off the 400, turn left at Seneca St....about a mile down Seneca headed towards East Aurora at the corner of Northrup and Seneca is 6120 Seneca St. / Blue Lantern Lounge.

Map of 6120 Seneca St., Elma, NY 14059 (Erie County)

Research for 6120 Seneca St., Elma, NY 14059 (Erie County)

  • Demographics – Population, income & other demographics near 6120 Seneca St.
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building