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12-14 Water St 2,208 SF Retail Building Fredonia, NY 14063 $399,000 ($180.71/SF)

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INVESTMENT HIGHLIGHTS

  • Ample parking in the rear of the building
  • Structural improvements, including a new roof, tile flooring, and upgraded electrical and refrigeration systems.
  • State of the art sound and lighting

EXECUTIVE SUMMARY

Step into a rare opportunity to own a cornerstone of Fredonia’s vibrant nightlife scene. Valentine’s Place, located at 12-14 Water Street, is a turnkey bar and nightclub boasting a rich history and a loyal patronage. Features include state-of-the-art sound and lighting systems, an updated bar, renovated restrooms, new tile flooring, and upgraded electrical and refrigeration systems. More recent structural updates include a newer roof ensuring longevity and reduced maintenance costs. Valentine’s Place is renowned for its lively atmosphere, live music, and diverse drink offerings, including a great beer selection and cocktails like their famous "Vegas Bomb" drink. It is centrally located close to SUNY Fredonia and adjacent to plenty of public parking. The sale includes the land, building, and business, allowing for a seamless transition. Don't miss this chance to own a piece of Fredonia's nightlife history and continue the legacy of Valentine’s Place.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
2,208 SF
Building Class
B
Year Built
1923
Price
$399,000
Price Per SF
$180.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
425 - Neighborhood Commercial
Frontage
31’ on Water Street

AMENITIES

  • Signage
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Lake Shore Savings Bank
Tim Hortons
Woodforest National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
065801-113-065-0002-058-000
Land Assessment
$4,190
Improvements Assessment
$17,950
Total Assessment
$22,140
  • Listing ID: 36027354

  • Date on Market: 12/1/2020

  • Last Updated:

  • Address: 12-14 Water St, Fredonia, NY 14063

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