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2626 Pine Ave
Niagara Falls, NY 14304
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Turnkey restaurant with beautifully warm decor inside with exposed brick walls, ceiling fans, fireplace and flat screen televisions throughout.
- Prime location with heavy traffic within 30 blocks of Niagara Falls
- In the summer months, two garage doors cab be opened from floor to ceiling to enjoy the breeze and sun!
- On the public bus transportation line.
EXECUTIVE SUMMARY
Great restaurant centrally located on route 62, which is Pine Ave. The area offers retail, restaurants and more, such as Auto Zone, Subway, Niagara Falls Memorial Medical Center, Niagara State Park, to name a few. All located a half mile or less in either direction of the property. In the warmer months there is outdoor patio seating. There is a signalized intersection and the bus stop is right at the corner. It offers a nice cut curb to enter the parking lot of the restaurant as well. Great location for your own restaurant business! Includes parking for 40 vehicles! Within 30 blocks of Niagara Falls.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,870 SF
Building Class
C
Year Built
2006
Price
$899,000
Price Per SF
$130.86
Cap Rate
8%
NOI
$71,920
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.42 AC
Zoning
C2-B - The Traditional Commercial district is intended to allow for a mix of residential and commercial uses along major travel corridors.
Parking
16 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Restaurant
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 291100-144-082-0002-031-000 | Improvements Assessment | $127,700 |
| Land Assessment | $65,800 | Total Assessment | $193,500 |
PROPERTY TAXES
Parcel Number
291100-144-082-0002-031-000
Land Assessment
$65,800
Improvements Assessment
$127,700
Total Assessment
$193,500
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