Great visibility to this Main St. Restaurnat-Mixed use property, located in the heart of the historic town of Newfane. On 2.8 acres the possibilities are endless. Established business owned over 3 generations.Turn key restaurant w/outdoor sand volleyball courts, pavilion, covered picnic tables, outside keg cooler,w/4 taps, large merchandising cooler & 71 parking spaces. The restaurant has updated floor plan w/fully equipped kitchen, 13 taps & newer ansul system.
VR Pricing! Seller considering offers $275,000-$300,000! Here is your chance to own a lucrative short or long term rental property! Nestled in the heart of Niagara County, this stunning, turn key 5 UNIT property with 7 Bedrooms and 5 Full bathrooms offers both an exceptional investment opportunity and a relaxing escape for guests and tenants. Beautifully designed and fully furnished units - Each unit equipped with modern amenities including free Wifi and Cable TV, fully equipped kitchens for guests to enjoy home-cooked meals. Impeccably clean and well-appointed bathrooms, cozy living areas perfect for relaxation, awesome covered back patio for gatherings and free parking! Walk to restaurants, stores and conveniences. Enjoy local parks, fishing, several Niagara County wineries, Lewiston Artpark concerts, boating, countless summertime festivals and visit Niagara Falls! Metal roof installed 2022. Solar panels for reduced electricity bills and increased profitability. Utility room with laundry, large parking area and 3 car garage behind building provides a ton of storage. Property has been certified with the Town as an Airbnb. Units can also be used for long term rentals if desired
Mixed use building on Main Street, Newfane houses Newfane Wine & Liquor on the ground floor & 3 BR 1 BATH apartment on the upper floor. The ground floor offers 2 bright & spacious rooms plus 1/2 bath and utility closet. Both units are leased with gross rent receipts totaling $1925.00 monthly. A solid opportunity for investment or owner/occupy.
Newfane is located in New York. Newfane, New York has a population of 9,432. Newfane is more family-centric than the surrounding county with 26.5% of the households containing married families with children. The county average for households married with children is 25.42%.
The median household income in Newfane, New York is $54,234. The median household income for the surrounding county is $51,656 compared to the national median of $57,652. The median age of people living in Newfane is 44.9 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 36.8 inches per year, with 58.1 inches of snow per year.