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6-8 Lake Shore Dr W 13,944 SF Retail Building Dunkirk, NY 14048 $2,359,105 CAD ($169.18 CAD/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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$35,148
|
$2.52
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,148
|
$2.52
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $35,148 |
| Annual Per SF | $2.52 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,148 |
| Annual Per SF | $2.52 |
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
$2,359,105 CAD
Price Per SF
$169.18 CAD
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 | $438,850 CAD |
| Land Assessment | $42,551 CAD | Annual Taxes | $35,148 CAD ($2.52 CAD/SF) |
| Improvements Assessment | $396,299 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
060300-079-001-0001-029-000
Land Assessment
$42,551 CAD
Improvements Assessment
$396,299 CAD
Total Assessment
$438,850 CAD
Annual Taxes
$35,148 CAD ($2.52 CAD/SF)
Tax Year
2024
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6-8 Lake Shore Dr W
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