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6-8 Lake Shore Dr W 13,944 SF Retail Building Dunkirk, NY 14048 $1,690,000 ($121.20/SF)
INVESTMENT HIGHLIGHTS
- Turnkey restaurant & banquet venue
- Waterfront District
EXECUTIVE SUMMARY
Two-story, 13,944 SF freestanding building on Lake Shore Dr W overlooking Chadwick Bay Marina. Formerly Demetri's on the Lake, this turnkey restaurant and banquet venue features seating for 450+, outdoor patios, full kitchen, bar, and storage basement. Adjacent to Clarion Hotel and downtown Dunkirk's waterfront district. Zoned Commercial and within an Opportunity Zone — ideal for restaurant operators, hospitality groups, or mixed-use redevelopment. This property has endless potential and with the right vision can be turned into an amazing investment opportunity.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$25,179
|
$1.81
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$25,179
|
$1.81
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $25,179 |
| Annual Per SF | $1.81 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $25,179 |
| Annual Per SF | $1.81 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,944 SF
Building Class
B
Year Built
1942
Price
$1,690,000
Price Per SF
$121.20
Tenancy
Single
Building Height
2 Stories
Building FAR
0.89
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
55 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
60’ on Lake Shore Dr
AMENITIES
- Waterfront
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Demetri's On The Lake
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Demetri's On The Lake | Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 060300-079-001-0001-029-000 | Total Assessment | $312,500 |
| Land Assessment | $30,300 | Annual Taxes | $25,179 ($1.81/SF) |
| Improvements Assessment | $282,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
060300-079-001-0001-029-000
Land Assessment
$30,300
Improvements Assessment
$282,200
Total Assessment
$312,500
Annual Taxes
$25,179 ($1.81/SF)
Tax Year
2024
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6-8 Lake Shore Dr W
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