1723 Quaker RdBarker, NY 14012

Property Details for 1723 Quaker Rd

Year built

1935

Lot size

0.53 AC

Property size (Sq ft)

3,060 SF

Property type

Turn key restaurants

APN

293801 18.10-1-21

APU

2938011810121

Description

This exceptional commercial property located at 1723 Quaker Road in Barker, NY, presents a unique opportunity for a savvy investor or entrepreneur. The 3,060 square foot building sits on a 0.53-acre lot and offers significant potential for immediate return. Previously operated as a restaurant, the property is being offered as a turnkey operation, complete with all existing furniture, fixtures, and equipment – everything needed to seamlessly transition into a new culinary venture. The asking price is $100,000, with the seller open to offers between $100,000 and $170,000, reflecting the significant value and potential this property offers. A key advantage is the ample parking available, ensuring convenient access for customers and staff. The building's existing infrastructure and equipment represent a substantial cost savings for any prospective buyer, eliminating the need for extensive renovations or new purchases. This is an ideal opportunity to acquire a fully equipped restaurant in a desirable location, ready for immediate operation or customization to suit a new concept. The property's location in Barker, NY, offers access to a strong local market and presents a compelling investment opportunity with significant upside potential. Don't miss this chance to own a thriving business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $815,949

  6.5%

  $753,184

  7%

  $699,385

• Comparable approach

  Method

  Valuation

  Relative Method

  $737,718

  Geo Method

  $485,112

• Alternative Use

  Use

  Valuation

  Residential

  $635,338

  Hospitality

  $581,967

  Educational

  $484,189

  Medical

  $500,841

  Retail

  $753,184

Location Insight

City

Barker

County

Niagara

State

New York

Latitude

43.3266

Longitude

-78.554

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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