Truly turnkey restaurant, a staple of the Village of Lancaster for over 11 years. So rare of an opportunity, you have to check this out! Literally everything updated new within last 5 years including tear off arch roof, furnace, 5 AC units, 2 hot water tanks, maintenance free exterior, 8 foot privacy fence, front entrance door, beautiful perimeter gardens around parking lot w/ additional patio seating, sound system throughout, 8 tvs, entire bar w/ leathered granite throughout, both bathrooms, automatic glass washer, glass freezer, 2nd story loft area for private events as well as small rooftop garden upstairs, amenities include brick oven for pizza, 20k dough mixer from Italy, multiple huge walk in coolers and freezers, even AC for the cooks in the prep area!, parking for 30, as well as neighborhood compliance for years allows for overflow in the one of a kind neighborhood restaurant, check out the PNL! This place is a true money maker!
Prime 11-unit Investment in the Village of Depew! Three adjacent properties provide an unmatched opportunity for investors. The portfolio includes 10 apartments (2 one bedroom, 6 two bedroom, 2 three bedroom) and a remodeled storefront with a partially finished basement. Impressively, all 3 properties boast a 100% occupancy rate. 4922 BROADWAY is a 3/2 Double; 4928 BROADWAY houses the storefront and 3 apartments under a 4-year-old roof, with a rear building holding 3 apartments beneath a 1-year-old roof, and a 2-car garage; 4940 BROADWAY is a 3/2 Double, with its lower unit recently fully renovated. Brand new improvements include a complete boiler system in 4928 Rear (apt 3-5), as well as flooring, updates and/or rent increases in every unit. Additionally there are 42 spot communal parking spaces spanning the shared lot. Most tenants pay separate utilities. This unique investment promises immediate income of over $10,680/m (gross) with rent increases in process, and long-term appreciation. Tax and square footage amounts are combined. Individual amounts are as follows: 4922: Taxes $3489, 1750 sqft. 4928: Taxes $11164, 7222 sqft. 4940: Taxes $5255, 2077 Sqft.
Historic Building in the New Development District of the Village of Lancaster. This three-story building was fully restored in 2015, Creation of 3 residential apartments, 2 office units. All new windows throughout entire building. Brick pointing on entire building, inside and out Exterior painting, Roof repair, all new mechanics including 5 new electrical panels, 5 furnaces, 5 ACs, 5 HWTs. Units include stainless steel appliances (fridge, microwave, gas stoves) All appliances are included. Windows, brick work and exterior paint were approved by SHPO.
Lancaster is located in New York. Lancaster, New York has a population of 42,942. Lancaster is more family-centric than the surrounding county with 31.05% of the households containing married families with children. The county average for households married with children is 26.89%.
The median household income in Lancaster, New York is $68,647. The median household income for the surrounding county is $54,006 compared to the national median of $57,652. The median age of people living in Lancaster is 42.8 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 39.8 inches per year, with 94.7 inches of snow per year.