4408 Ridge RdLockport, NY 14094

Property Details for 4408 Ridge Rd

Year built

1957

Lot size

0.92 AC

Property size (Sq ft)

1,760 SF

Zone code

B2

Property type

Bars

Property subtype

Pubs

APN

292000 79.00-1-77

APU

2920007900177

Description

This turnkey operation presents a unique investment opportunity in Lockport, NY. The 1,760 square foot storefront, housed in a charming 1957 building, is a thriving farm distillery with an established product line and all necessary licensing, recipes, and labels included in the sale price of $385,000. The property sits on a 0.92-acre lot zoned B-2 General Business, a rare designation in the Town of Cambria, offering flexibility for future expansion. Significant improvements have been made, including updated electrical service (200A 120/240V and 200A 480V 3ph), insulation, wall finishes, and corrugated steel ceilings. Two septic systems are in excellent condition, and water costs are exceptionally low. The distillery boasts a diverse range of small-batch, handcrafted spirits, utilizing locally sourced ingredients. Included in the sale is approximately $20,000 of bottled inventory, $14,000 of product ready for bottling, and over $300,000 worth of whiskey aging in barrels. The substantial equipment inventory includes five stills, a mash kettle, a fermentation vessel, and a grain silo full of corn, representing an approximate value of $70,000. This profitable business enjoys a prime location on Ridge Road, within five miles of seven wineries on the Niagara Wine Trail, benefiting from significant tourism. 24-hour notice is required for showings.

• CAP approach

  CAP return

  Valuation

  6%

  $469,317

  6.5%

  $433,215

  7%

  $402,271

• Comparable approach

  Method

  Valuation

  Relative Method

  $424,313

  Geo Method

  $279,018

• Alternative Use

  Use

  Valuation

  Residential

  $365,433

  Hospitality

  $334,735

  Educational

  $278,496

  Medical

  $288,074

  Retail

  $433,215

Location Insight

City

Lockport

County

Niagara

State

New York

Latitude

43.207

Longitude

-78.8023

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].