11055 W Perimeter Road, Frewsburg, NY 14738 (MLS # R1596894)

PRICE $580,000
SIZE 5,440 sqft
LOT SIZE 1.65 ac

EXCITING, TURNKEY INVESTMENT OPPORTUNITY. The Horseshoe Inn is a well-established local restaurant and bar located in a picturesque setting and sits on 1.65 acres. Nearby activities include Allegany hiking trails, Onoville marina, Salamanca Casino and snowmobiling. Meticulously maintained with upgrades such as new central air installed in 2024 and an outdoor gazebo in 2007 for additional seating. The property also includes an onsite generator which runs everything in the event of a power outage. A partial roof was replaced over the kitchen area in March 2024 and new shingles were installed over the bar/seating area in 2014. The bar area has seating for 76 and other area tables have seating for 22. Also included is a room off the bar area that can be used for private parties. There is a huge parking lot for 70 or more customers and employees. A semi-furnished studio apartment, with separate electric, is located behind the restaurant and can be rented out or owner occupied. The property has 2 dug wells, but only one is currently needed and used. ALL OFFERS must include proof of funds and prequalification letter. This is an open active business now, if you would like to go see it, please be respectful and do not ask anything of the employees.

DAYS ON MARKET 3 LAST UPDATED 5/6/2025
YEAR BUILT 1987 COMMUNITY South Valley-048200
COUNTY Cattaraugus STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District Randolph


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA South Valley-048200
BASEMENT Full, Storage Space, Yes
CONSTRUCTION Attic/Crawl Hatchway(s) Insulated, Block, Concrete, Frame, Spray Foam Insulation, Wood Siding
EXTERIOR Propane Tank - Leased
HEAT Forced Air, Propane, Space Heater
INTERIOR Bedroom on Main Level, Phone System, Pole Sign, Public Restrooms, Shelving
LOT 1.65 acre(s)
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS 246x504
PARKING Driveway
SEWER Septic Tank
STORIES 1
TAXES 4274
UTILITIES Electricity Connected,
WATER Well
ZONING Commercial

SATELLITE VIEW



 
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Listing provided by: Cynthia Johnson, Real Estate Advantage
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