317 Hopkins Street Buffalo NY 14220 | B1457705

An excellent opportunity for this Turn-Key Restaurant & Bar with two apartments is for sale in South Buffalo. This property has been updated within the last few years. The roof is 4 years old. Outdoor seating/patio plus a massive parking lot (with more room to expand) was recently updated. 30′ bar with an extra seating area that can support 50 people comfortably. Wonderful atmosphere with the option to open or close the additional restaurant seating. The property has supported 200 people for events and with this layout of the kitchen being accessible to the Bar or Restaurant, any owner can run operations smoothly. All kitchen equipment is included in the price as well as the tables, chairs, bar, TVs, etc… Walk-In Freezer located off the kitchen with an additional Walk-In cooler in the basement. Above the bar is a 3 bed/1 bath apartment with a washer & dryer which has the potential to make $1,500 per month and a second detached apartment located behind the bar which is a 1 bed /1 bath with the potential to make $950 per month. 2 new air compressor units installed as well as new 1 ton AC units in the basement. Baseboard heat for the kitchen/bar & Forced Air for the apartments.

Property Details

Price:
$549,900
MLS #:
B1457705
Status:
Active
Beds:
0
Baths:
0.00
Address:
317 Hopkins Street
Type:
Single Family
City:
Buffalo
Listed Date:
Mar 1, 2023
State:
NY
Square Ft (approx):
4,632
ZIP:
14220
Subdivision:
North Corner/Crystal Ave
Lot Size:
24,360 sqft / 0.56 acres (approx)
Year Built:
1920

Schools

School District:
Buffalo

Interior

Heating
Gas, Baseboard, Forced Air

Exterior

Parking Features
On Site
Roof
Asphalt

Financial

Buyer Agent Compensation
3%
Net Operating Income
$-2,485
Taxes
$2,485

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317 Hopkins Street
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