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Michael's Restaurant

$495,000

3011 Pine Ave, Niagara Falls, NY 14301

Active
Last Updated: 02/12/2025

2,309 sqft

Building Size

1960

Year Built

Details:
Building Size:    2,309 sqft
Year Built:    1960
Zoning:    C2-B
MlsNumber:    1587088
Floors:    1
Baths:    2
Highlights:
  • Lot Dimension: 25 x 108
  • Tax Roll Number: 291100-159-027-0002-005-000
  • Annual Tax: $ 4916.0
  • Average Floor Size: 2309.0
  • Average Occupancy Rate: 82.0
  • Max Contiguous Area: 2309.0
  • Age: Over 50 Years Old
  • Appliances: Refrigerator
  • Area Amenities: Outdoor Activities
  • Area Description: Suburban
  • Basement: None
  • Cooling: Central A/C
  • Exterior Description: Concrete Block
  • Flooring: Luxury Vinyl
  • Heating Fuel Type: Gas
  • Heating Type: Forced Air
  • Kitchen Features: Kitchen Facilities
  • Lot Size: Under 1/2 Acre
  • Road Type: City / Town Street
  • Sewer: City
  • Water: City Water
Description:

Pine Ave near Hyde Park

One of the best known, busiest, and most established Italian restaurants in Niagara County: Michael's Restaurant and Pizzeria. A thriving, turnkey business that is the epitome of the phrase "GREAT BUSINESS OPPORTUNITY!" After over 60 years, the owners are looking to retire, making this a rare and tremendous opportunity for a new owner to step in and immediately start making money! The restaurant operates smoothly, with a team of long-term employees, a loyal customer base, and a proven, effective operating system in place. The sale includes the business, building, and all equipment necessary to continue operations. The dining area comfortably seats approximately 82 guests, providing an intimate yet spacious atmosphere for patrons. The fully equipped kitchen, prep kitchen, dry storage rooms, walk-in cooler, and walk-in freezer make for a highly efficient and well-organized workspace. Additionally, there’s a small office for administrative tasks. There’s ample parking available in the rear lot, as well as plenty of surrounding area parking for guests. Michael's is not just a local favorite—it’s a true destination restaurant for residents of Niagara Falls and the surrounding areas, with the added benefit of attracting tourists from across the region. In addition to the restaurant's longstanding reputation and loyal clientele, the location itself offers great visibility and easy access, ensuring a steady flow of foot traffic and visitors year-round. With the foundation already set for success, this is an exceptional opportunity for anyone looking to take over an established and profitable business in a prime location. The potential for growth is immense, and the opportunity to continue serving both locals and tourists alike is a remarkable advantage. This is truly an opportunity you won't want to miss!

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