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3011 Pine Ave

2,309 SF Retail Building Niagara Falls, NY 14301 $495,000 ($214/SF)

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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.
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

Year Built

1960

Price

$495,000

Price Per SF

$214

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.

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