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317 Hopkins St
Buffalo, NY 14220
Turn-Key Restaurant & Bar · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Excellent Exposure
  • Fully Equipped Restaurant & Bar
  • Turn Key Ready
  • Ample Off-Street Parking
  • 2 Apartments for Additional income

EXECUTIVE SUMMARY

An excellent opportunity for this Turn-Key Restaurant & Bar with two apartments is for sale in South Buffalo. This property has been updated within the last few years. The roof is 4 years old. Outdoor seating/patio plus a massive parking lot (with more room to expand) was recently updated. 30' bar with an extra seating area that can support 50 people comfortably. Wonderful atmosphere with the option to open or close the additional restaurant seating. The property has supported 200 people for events and with this layout of the kitchen being accessible to the Bar or Restaurant, any owner can run operations smoothly. All kitchen equipment is included in the price as well as the tables, chairs, bar, TVs, etc... Walk-In Freezer located off the kitchen with an additional Walk-In cooler in the basement. Above the bar is a 3 bed/1 bath apartment with a washer & dryer which has the potential to make $1,500 per month and a second detached apartment located behind the bar which is a 1 bed /1 bath with the potential to make $950 per month. 2 new air compressor units installed as well as new 1 ton AC units in the basement. Baseboard heat for the kitchen/bar & Forced Air for the apartments.
Located close to Downtown Buffalo, NY on Hopkins street. This property is centrally located to all major southern Buffalo markets including Lackawanna, West Seneca, Hamburg, Orchard Park, and Cheektowaga. Easily accessible to New York State Thruway I-90 & I-190. Other major attractions to this site include Tesla Gigafactory, Mercy Hospital, Seneca Casino, Key Bank Center, Buffalo Harbor, Buffalo Riverworks, and Buffalo Botanical Gardens.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,632 SF
Building Class
C
Year Built/Renovated
1920/2019
Price
$751,874 CAD
Price Per SF
$162.32 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.19
Lot Size
0.56 AC
Zoning
N-3E - Mixed-use edge zone that's primarily made up of a mix of homes and stores. It's typically found at the edges of more intense mixed-use centers.
Parking
33 Spaces
Frontage
174’ on Tifft Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140200-133-380-0003-093-100
Land Assessment
$64,822 CAD
Improvements Assessment
$178,785 CAD
Total Assessment
$243,607 CAD
  • Listing ID: 27896073

  • Date on Market: 2023-03-06

  • Last Updated:

  • Address: 317 Hopkins St, Buffalo, NY 14220

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