The View 2943 Upper Mountain Rd 8,016 SF 100% Leased Retail Building Sanborn, NY 14132 $500,000 ($62.38/SF)



EXECUTIVE SUMMARY
Oh, but THE VIEW! Owner placed Pekin NY on the map after renovating this popular restaurant from TOP TO BOTTOM, inside & out! The View takes your breath away from the moment you step inside. Modern style & minimal decor provide an equal ambiance of both casual & elegance. Complete remodeling of over 4,000 square feet plus full basement includes pegged hardwood floors, drywall, paint, ceilings, 12 in R36 insulation, kitchen & two baths, front overhang, repaved parking lots, septic, roof, HVAC & more. Occupancy is 170 but full walkout basement with two more baths gives way to the possibility of even more entertainment space. Liquor license in place. Close to several Niagara Wine Trails. Only 30 minutes to Buffalo, Niagara Falls, or Rainbow Bridge to Canada. Over 3 acres total with stunning views of Toronto skyline & Escarpment. Includes additional parking lot directly across the street providing 45+ spaces. Fully operational & ready for it's new occupant. Completely turn key, owner is including everything - Land, Building, Business, Inventory, Equipment - the works! Owner considering offers between $800,000 and $1,250,000. Also listed under MLS# B1527758 for Lease. Come see THE VIEW!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,016 SF
Building Class
C
Year Built
1985
Price
$500,000
Price Per SF
$62.38
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
3.02 AC
Zoning
T-Lewiston
Parking
45 Spaces (5.61 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Freeway Visibility
- Restaurant
- Air Conditioning
PROPERTY TAXES
Parcel Number | 292489-104-004-0001-063-000 | Improvements Assessment | $224,800 |
Land Assessment | $50,200 | Total Assessment | $275,000 |