For Sale
$549,999

219 Broad StSalamanca, NY 14779

Two buildings, multiple businesses, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two adjacent commercial buildings totaling 1,265 square feet on a 0.36-acre lot in Salamanca, NY. The property, located at 219 & 231 Broad Street, comprises a thriving, recently renovated pizzeria, ice cream parlor, coffee shop, and gift shop. The main building (219 Broad St.) features a remodeled interior with expanded dining and kitchen areas, including two separate kitchens equipped with pizza ovens, a hood vent, and a walk-in cooler. The second building (231 Broad St.), currently operating as a gift shop, offers versatile space suitable for various retail or office uses, thanks to its commercial zoning. The property boasts ample parking for 12-15 vehicles and an outdoor seating area. Built in 1950 and renovated in 2017, this Class B property benefits from its prime location in Salamanca's bustling commercial district, near attractions like the Salamanca Casino and Allegheny State Park, and close to St. Bonaventure University in nearby Olean. The asking price is $549,999, representing a price per square foot of $434.78. This stabilized investment includes all equipment, inventory, goodwill, and established brand names. The property is currently vacant, presenting a unique opportunity for an immediate return on investment. Surrounding businesses include a variety of retail, hospitality, and financial institutions, ensuring a strong customer base. This is a rare chance to acquire a multi-faceted, established business with significant growth potential.

Highlights

  • Exceptional Investment Opportunity
  • Two Separate Buildings on One Lot
  • Ample Parking: 12-15 Spaces
  • Outdoor Seating Area
  • Commercially Zoned
  • 1,265+/- Square Foot Building

Property Details for 219 Broad St

Property type
Retail properties, Restaurants
Square Feet
1,265 SF
Class
B
Year Built/Renovated
1950/2017
Buildings
2
Stories
1
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Salamanca
County
Cattaraugus
State
New York
Latitude
42.156327951633
Longitude
-78.723959917315
219 Broad St, Salamanca, New York

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219 Broad St
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