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3011 Pine Ave

2,309 SF Retail Building Niagara Falls, NY 14301 $575,000 ($249/SF)

Investment Highlights

  • Thriving Turnkey Restaurant
  • Long term employees, faithful clientele
  • Great business opportunity: Business, building and equipment

Executive Summary

Sale includes business, building and equipment. VRP Priced: Seller will consider offers between $575,000 and $625,000 (or higher).
Pre-qual or verification of funds must be submitted to listing agent when scheduling appointments. Financial will be made available with verification of pre-approval or funds and with a confidentiality agreement signed. Listing agent will provide.
Sale also includes the parcel of land at 636 31st street, Niagara Falls, NY 14301. Lot size 30x101 currently used and registered as a parking lot.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,309 SF
Building Class
C
Year Built
1960
Price
$575,000
Price Per SF
$249
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Land Acres
0.07 AC
Zoning
C2-B - Commercial / Retail
Parking
6 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
25 FT on Pine Avenue

Amenities

  • Bus Line
  • Restaurant
  • Signage
  • Air Conditioning

About 3011 Pine Ave , Niagara Falls, NY 14301

Take a few steps under the "Little Italy" arch along Pine Ave. and walk into one of the best known, busiest and established Italian restaurants in Niagara County. Michael's Restaurant and Pizzeria. This operating and thriving, turnkey business is the epitome of the phrase "great business opportunity"! After over 60 years the owners are looking to retire. This restaurant runs like a well-oiled machine, with long term employees, faithful clientele and a great operating system for someone to walk in and start making money. Selling business, building and equipment. The dining area seats approximately 82 guests. Fully equipped kitchen, prep kitchen and dry storage room. Also features a walk-in cooler, walk-in freezer, plus a small office. Parking in the rear lot, or plenty of off-street parking. Truly a destination restaurant for all of Niagara Falls and surrounding areas, with a bonus of tons of Canadian business and tourists. This is an exceptional opportunity, you are not going to want to miss out on. VRP Priced: Seller will consider offers between $575,000 and $625,000 (or higher).

Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
291100-159-027-0002-005-000
Land Assessment
$9,500
Improvements Assessment
$59,800
Total Assessment
$69,300
  • Listing ID: 30824521

  • Date on Market: 1/30/2024

  • Last Updated:

  • Address: 3011 Pine Ave, Niagara Falls, NY 14301

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