2208-2210 Niagara Street
Niagara Falls, NY 14303
4,638 sf building in good condition and a profitable business for the last 30 years. 58 x 109’ lot size (.15 acre)
First Floor Pizzeria Take Out and Restaurant (2,067 sf) and Two Second Floor Apartments (1,286 sf each), and a garage in the rear on the lot.
Seating for 52 customers
All FF&E included (a full list can be provided)
Newly remodeled apartments
Newer roof and mechanicals
Business is derived from the Niagara Falls community including regular deliveries to the Police Athletic League, Basketball and Soccer tournaments of Niagara Falls High School, all functions of Gaskell Jr. High, Harry Abbott School, Duke Center Senior Citizens, Niagara Falls Boys & Girls Clubs, all local Niagara Falls Hotels, Bob Harrington Hockey tournaments, Niagara University functions, Olin Chemical Co., & the Seneca Niagara Casino Poker Room.
$850,000 19.3% cash rate of return with conventional financing does NOT include $130,000 annually for restaurant management
Eric C. Tudor