For Sale
$599,900

5959 Main St Olcott, NY 14126

Lakefront Restaurant, Two Buildings

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity encompasses two buildings totaling 6,260 square feet on a 0.07-acre lot in Olcott, NY. The main building, a fully renovated sports bar with a large patio offering lake views, features a ground floor bar and four second-floor apartments, plus a first-floor studio with a walk-out deck. A second building, currently leased as a restaurant, offers additional income potential and could be integrated with the sports bar. Both buildings are included in the asking price of $599,900 ($95.83/sq ft). Built in 1999, the property boasts newer roofing, siding, and furnace. A liquor license may be available to a new tenant, ensuring year-round income. The seller is willing to consider a private mortgage with a $200,000 down payment for a qualified buyer. This prime location in Olcott Harbor, near the pier, Carousel Park, Lakeview Fair Village Shops, and other attractions, provides excellent visibility and access to a thriving tourist destination. The property's proximity to Lake Ontario, fishing spots, and other local amenities further enhances its appeal. The sale includes both buildings

Highlights

  • Exceptional Investment Opportunity
  • Prime Location with High Foot Traffic
  • Portfolio Sale: Two Buildings Included
  • Motivated Seller: All Offers Considered

Property Details for 5959 Main St

Property type
Retail properties, Restaurants
Square Feet
6,260 SF
Class
C
Year Built
1999
Buildings
2
Stories
2
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Olcott
County
Niagara
State
New York
Latitude
43.3381533
Longitude
-78.7145627
5959 Main St, Olcott, New York

FAQs

What type of property is this?
Retail property - Lakefront Restaurant, Two Buildings
Where is the retail property located?
The property is located at 5959 Main St Olcott, NY.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Exceptional Investment Opportunity; Prime Location with High Foot Traffic; Portfolio Sale: Two Buildings Included
How can I contact the broker?
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5959 Main St
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