FOR SALE OR LEASE "” $1,195,000 | PRICED AGGRESSIVELY. 8,579 SF RESTAURANT & BANQUET FACILITY | 1± ACRE | 90+ PARKING SPACES. Exceptional commercial property on prominent Main St in Clarence, NY. Approx 8,579 SF on 1± acre with 90+ parking spaces. Extensively built out for turnkey restaurant/event use with flexibility for medical, professional office, or alternative commercial uses. FOR SALE: $1,195,000. Real estate, building, land, & parking included. Extensive kitchen/banquet FF&E available separately"”allowing non-restaurant buyers to purchase the real estate alone. FOR LEASE: $14.50/SF NNN + est NNN of $3.50/SF. Annual Base: ~$124,396 ($10,366/mo). Est NNN: ~$30,027/yr ($2,502/mo). Est Total Occupancy: ~$12,868/mo. Tenant handles utilities, garbage, septic, & maintenance. INVESTMENT POTENTIAL: Proposed lease rate represents a 10.4% indicated yield based on asking price & base rent alone (before financing, vacancy, or owner expenses). For owner-users or investors. PROPERTY HIGHLIGHTS "” WELL-MAINTAINED & RECENTLY UPDATED:
"¢ Replaced Roofs (2024) | 5 Updated HVAC Units (2021) | New Hot Water Tanks (2022)
"¢ Over $400,000 invested in substantial renovations & infrastructure
"¢ 2 extensive commercial kitchens | Full-service bar & separate dining areas
"¢ Pizza bar featuring 2 ovens, including imported Italian brick oven
"¢ 2 large banquet/event rooms well suited for weddings, corporate functions, & catering
"¢ Approx 5 restrooms & significant storage/service footprint. Suitability includes restaurant/hospitality groups, caterers, medical clinics, offices, or other commercial users. Detailed FF&E inventory available to qualified buyers Square footage is 8.579sq ft per appraisal.
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DAYS ON MARKET
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5
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LAST UPDATED
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10/1/2026
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YEAR BUILT
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1950
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COMMUNITY
|
Clarence-143200
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COUNTY
|
Erie
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STATUS
|
Active
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PROPERTY TYPE(S)
|
Commercial
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| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
Clarence-143200 |
| HEAT |
Forced Air, Natural Gas |
| HOA DUES |
Business |
| LOT |
1 acre(s) |
| LOT DESCRIPTION |
Rectangular Lot |
| LOT DIMENSIONS |
208X209 |
| SEWER |
Septic Tank |
| STORIES |
1 |
| TAXES |
17439 |
| UTILITIES |
Water Connected |
| WATER |
Public |
| ZONING |
Commercial |
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Listing provided by: Robyn Sansone, WNYbyOwner.com, 716-523-8508
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
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