ESTABLISHED BAR WITH TWO APARTMENT UNITS! | 715 Ridge Rd
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ESTABLISHED BAR WITH TWO APARTMENT UNITS! 715 Ridge Rd Local commercial 596 m² 100 % Loué À vendre Buffalo, NY 14218 436 550 € (732,61 €/m²) Taux de capitalisation 14 %
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Gross Income: $102,600+/year
- Bar lease potential: $3,500/month ($42,000/year) — OR operate the bar yourself and maximize profits
- Even without bar sales, you're looking at over $100K in annual gross income, delivering a high cap rate and double-digit cash-on-cash return
- Apartments currently rented at $1,500/month each ($36,000/year), with market rents closer to $1,850/month ($44,400/year)
- NY Lotto Quick Draw alone brings in $2,000/month passive income ($24,000/year)
- Turn-key bar with 22 taps (16 air-cooled), new glycol system
RÉSUMÉ ANALYTIQUE
A rare high-return investment opportunity in the heart of Lackawanna, 715 Ridge Rd o?ers a fully equipped, turn-key bar and two renovated 3-bedroom
apartments just steps from South Park Avenue. This mixed-use property generates over $102,000/year in potential gross income, delivering a high cap rate and
double-digit cash-on-cash return that’s almost impossible to find in today’s market. The two apartments are currently rented at $1,500/month each (below-market), with the potential to increase to $1,850/month. The bar alone generates $2,000/month in passive income from NY Lotto Quick Draw, and can
either be leased for $3,500/month or operated directly or even higher returns. Sitting on a double lot, the property features a brand-new outdoor patio, 22 taps (16 air-cooled) with a new glycol system, updated electric, 22 new windows, and new HVAC (2022). The full dry basement includes on-site laundry, and the
seller is committed to completing facade painting and exterior improvements. Owner is retiring and moving to Florida after years of using this income-producing
property to successfully fund other real estate ventures—now it’s your turn.
715 Ridge Rd is ideally located in the heart of Lackawanna, NY, just steps from the bustling South Park Avenue corridor. Surrounded by a mix of
established businesses, residential neighborhoods, and ongoing development, this property sits in a high- tra?c area with excellent visibility and accessibility. Just
minutes from downtown Bu?alo, major highways, and the waterfront, this location benefits from strong commuter flow, walkability, and a growing local
population. Whether serving neighborhood regulars or drawing customers from the greater Bu?alo area, this location positions your business and rental units for
apartments just steps from South Park Avenue. This mixed-use property generates over $102,000/year in potential gross income, delivering a high cap rate and
double-digit cash-on-cash return that’s almost impossible to find in today’s market. The two apartments are currently rented at $1,500/month each (below-market), with the potential to increase to $1,850/month. The bar alone generates $2,000/month in passive income from NY Lotto Quick Draw, and can
either be leased for $3,500/month or operated directly or even higher returns. Sitting on a double lot, the property features a brand-new outdoor patio, 22 taps (16 air-cooled) with a new glycol system, updated electric, 22 new windows, and new HVAC (2022). The full dry basement includes on-site laundry, and the
seller is committed to completing facade painting and exterior improvements. Owner is retiring and moving to Florida after years of using this income-producing
property to successfully fund other real estate ventures—now it’s your turn.
715 Ridge Rd is ideally located in the heart of Lackawanna, NY, just steps from the bustling South Park Avenue corridor. Surrounded by a mix of
established businesses, residential neighborhoods, and ongoing development, this property sits in a high- tra?c area with excellent visibility and accessibility. Just
minutes from downtown Bu?alo, major highways, and the waterfront, this location benefits from strong commuter flow, walkability, and a growing local
population. Whether serving neighborhood regulars or drawing customers from the greater Bu?alo area, this location positions your business and rental units for
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
596 m²
Année de construction/rénovation
1988/2025
Prix
436 550 €
Prix par m²
732,61 €
Taux de capitalisation
14 %
RNE
61 117 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur de l’immeuble
2 Étages
Coefficient d’occupation des sols de l’immeuble
1,84
Surface du lot
0,03 ha
Zone de développement économique [USA]
Oui
CARACTÉRISTIQUES
- Accès 24 h/24
- Terrain d’angle
- Cour
- Voie de virage exclusive
- Terrain clôturé
- Restaurant
- Système de sécurité
- Signalisation
- CVC contrôlé par l’occupant
- Climatisation
- Internet par fibre optique
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TAXES FONCIÈRES
| Numéro de parcelle | 140900-142-380-0003-016-000 | Évaluation des aménagements | 129 393 € |
| Évaluation du terrain | 10 303 € | Évaluation totale | 139 696 € |
TAXES FONCIÈRES
Numéro de parcelle
140900-142-380-0003-016-000
Évaluation du terrain
10 303 €
Évaluation des aménagements
129 393 €
Évaluation totale
139 696 €
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ESTABLISHED BAR WITH TWO APARTMENT UNITS! | 715 Ridge Rd
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