715 Ridge Road

715 Ridge Rd is ideally located in the heart of Lackawanna, NY, just steps from the bustling South Park Avenue corridor. Surrounded by a mix of established businesses, residential neighborhoods, and ongoing development, this property sits in a high-traffic area with excellent visibility and accessibility. Just minutes from downtown Buffalo, major highways, and the waterfront, this location benefits from strong commuter flow, walkability, and a growing local population. Whether serving neighborhood regulars or drawing customers from the greater Buffalo area, this location positions your business and rental units for long-term success.A rare high-return investment opportunity in the heart of Lackawanna, 715 Ridge Rd offers a fully equipped, turn-key bar and two renovated 3-bedroom apartments just steps from South Park Avenue. This mixed-use property generates over $102,000/year in potential gross income, delivering a high cap rate and double-digit cash-on-cash return that’s almost impossible to find in today’s market. The two apartments are currently rented at $1,500/month each (below-market), with the potential to increase to $1,850/month. The bar alone generates $2,000/month in passive income from NY Lotto Quick Draw, and can either be leased for $3,500/month or operated directly for even higher returns. Sitting on a double lot, the property features a brand-new outdoor patio, 22 taps (16 air-cooled) with a new glycol system, updated electric, 22 new windows, and new HVAC (2022). The full dry basement includes on-site laundry, and the seller is committed to completing facade painting and exterior improvements. Owner is retiring and moving to Florida after years of using this income-producing property to successfully fund other real estate ventures—now it’s your turn.