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Investment Highlights

  • Approximately 1,152-square-foot freestanding commercial building
  • High visibility location along NY Route 31 Across from McDonald’s and near other established commercial businesses
  • Drive-through window On-site parking

Executive Summary

Freestanding former Subway restaurant located at 19 Forgham Street along the Route 31 commercial corridor in Lyons, New York. The approximately 1,152-square-foot building is situated on a 0.49-acre parcel and was constructed in 2002 specifically for restaurant use. The property offers a highly visible commercial location with convenient access, on-site parking, prominent signage opportunities, and an existing drive-through window. Its manageable building size and established restaurant layout make it well suited for another quick-service restaurant, café, bakery, coffee shop, ice cream shop, or other food-service concept. The property could also be adapted for a variety of retail, professional-service, or commercial uses, subject to municipal approvals. Located directly within Lyons’ primary commercial area, the property is surrounded by established businesses and is across the street from McDonald’s, providing strong visibility and existing consumer traffic. This is an excellent opportunity for an owner-user or investor to acquire an affordable freestanding commercial property with an established restaurant history.
The property is vacant and available for immediate occupancy or renovation. Sale includes the land and building. Any remaining furniture, fixtures, or equipment included in the sale should be identified separately. Property is being sold as-is.
Property highlights: Approximately 1,152-square-foot freestanding commercial building Approximately 0.49-acre parcel Constructed in 2002 Former Subway restaurant Existing restaurant infrastructure Drive-through window On-site parking High-visibility location along NY Route 31 Across from McDonald’s and near other established commercial businesses Suitable for restaurant, retail, or service-related reuse Vacant and available for immediate occupancy Sale includes land and building Owner-user or investment opportunity.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,152 SF
Year Built
2002
Price
$254,930 CAD
Price Per SF
$221.29 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.49 AC
Zoning
Commercial - District 5 Commercial
Parking
10 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
81’ on Forgham St

Amenities

  • Restaurant
  • Drive Thru
  • Cafe

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Larussa Craig
  • -
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Subway began in Bridgeport, Connecticut, as a submarine sandwich shop started by Fred DeLuca and Peter Buck in the mid-1960s, and the brand later expanded through franchising. The company now focuses on made-to-order sandwiches alongside salads, wraps, cookies, and other menu items served through a broad franchise system. Subway has grown into a globally recognized restaurant brand with a large international footprint and a long-standing emphasis on quick-service meals and customizable menu choices.

Tenant Industry SF Occupied Rent/SF Lease End
Larussa Craig - - - -
Accommodation and Food Services - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
542800-071-111-0013-041-497-0000
Land Assessment
$27,009 CAD
Improvements Assessment
$138,351 CAD
Total Assessment
$165,360 CAD
  • Listing ID: 41824081

  • Date on Market: 2026-08-20

  • Last Updated:

  • Address: 19 Forgham St, Lyons, NY 14489

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