5959 Main StOlcott, NY 14126

Property Details for 5959 Main St

Year built

1999

Lot size

0.07 AC

Property size (Sq ft)

6,260 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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

Location Insight

City

Olcott

County

Niagara

State

New York

Latitude

43.3382

Longitude

-78.7146

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