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4200 Lake Ave
Lockport, NY 14094
Willowbrook Golf Course · Sports & Entertainment Property For Sale · 3,751 SF

INVESTMENT HIGHLIGHTS

  • Gross Revenue Multiple: 1.36x | EBITDA Multiple: 8.87x | Cap Rate: 11.27%
  • Exceptional Restaurant and Banquet Facilities with a Full-Service Bar, Large Deck and Patios Surrounding the Building and Five Large Screen TV’s
  • Substantial Upside for New Ownership through Introducing Dynamic Pricing and Increased Marketing Efforts
  • Well-maintained, Turnkey Asset with Consistent Year-over-Year Revenue Growth
  • Close in Proximity to Several Affluent Population Centers such as Williamsville, Clarence and Niagara Wheatfield

PROPERTY FACTS

Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class B
Lot Size 246.41 AC
Building Size 3,751 SF
No. Stories 1
Year Built 1991
Parking Ratio 34.39/1,000 SF
Zoning R-1 - permits a combination of residential, commercial, and sometimes light industrial uses within the same area or building

AMENITIES

  • Property Manager on Site
  • Lounge
  • Listing ID: 32082795

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 4200 Lake Ave, Lockport, NY 14094

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