3909 Creek RdYoungstown, NY 14174

Property Details for 3909 Creek Rd

Year built

1950

Lot size

0.48 AC

Property size (Sq ft)

1,620 SF

Zone code

RC

Property type

Investment properties

Property subtype

Retail residential properties

APN

293489 60.00-3-14

APU

2934896000314

Description

This exceptional commercial property, located at 3909 Creek Rd in Youngstown, NY, presents a unique investment opportunity. Boasting 1,620 square feet on a 0.48-acre lot, this building enjoys a prime location directly adjacent to the Lewiston School System and the Lewiston Police Department, ensuring high visibility and consistent foot traffic. The property has a rich history as a pizzeria, having operated successfully for many years under the same ownership. The sale includes all existing pizza and restaurant equipment, offered "as is." A brand new roof was installed this year, eliminating immediate roof replacement costs. The building's long-standing presence in the community, coupled with its strategic location and included equipment, makes this a turnkey operation ready for a new owner to step in and begin generating revenue. The property has been meticulously maintained by the same proprietors for over 60 years, indicating a history of responsible ownership and consistent upkeep. This is an ideal opportunity for an experienced restaurateur or a savvy investor looking for a profitable venture in a highly desirable location. Serious inquiries only

• CAP approach

  CAP return

  Valuation

  6%

  $364,401

  6.5%

  $336,370

  7%

  $312,344

• Comparable approach

  Method

  Valuation

  Relative Method

  $240,227

  Geo Method

  $157,967

• Alternative Use

  Use

  Valuation

  Residential

  $336,370

  Hospitality

  $308,113

  Educational

  $256,347

  Medical

  $265,163

  Retail

  $398,762

Location Insight

City

Youngstown

County

Niagara

State

New York

Latitude

43.2236

Longitude

-79.0171

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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