11055 W Perimeter RD, Frewsburg, NY 14738
11055 W Perimeter RD, Frewsburg, NY 14738
11055 W Perimeter RD, Frewsburg, NY 14738
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shawn Cregg

Shawn Cregg

+1(315) 391-3806
$547,500
Est. payment /mo
5,440 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,440 sqft

Price per Sqft $100

MLS Listing ID R1596894

Construction Status Existing

HOA Y/N No

Year Built 1987

Annual Tax Amount $4,274

Lot Size 1.650 Acres

Acres 1.65

Lot Dimensions 246X504

Property Sub-Type Business

Property Description

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.

Location

State NY

County Cattaraugus

Area South Valley-048200

Zoning 400

Direction From Frewsburg take Rt 62 to Bone Run Rd to West Perimeter Rd. Turn left on West Perimeter Rd. The destination is about 1 mile on the left side.

Rooms

Basement Full, Storage Space

Interior

Interior Features Bedroom on Main Level

Heating Propane, Forced Air, Space Heater

Cooling Central Air

Flooring Linoleum, Vinyl, Carpet

Inclusions Equipment, Inventory, Land, Building and Business

Fireplace No

Exterior

Exterior Feature Propane Tank - Leased

Utilities Available Electricity Connected

Roof Type Shingle

Handicap Access Accessible Bedroom, Low Threshold Shower, No Stairs

Total Parking Spaces 70

Building

Lot Description Irregular Lot

Building Description Attic/Crawl Hatchway(s) Insulated,Block,Frame,Concrete,Spray Foam Insulation,Wood Siding, Phone System,Pole Sign,Public Restrooms,Shelving

Story 1

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Attic/Crawl Hatchway(s) Insulated,Block,Frame,Concrete,Spray Foam Insulation,Wood Siding

Construction Status Existing

Schools

School District Randolph

Others

Tax ID 048200-097-002-0002-020-001-0000

Security Features Intercom

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info
Listed by Real Estate Advantage 716-499-0370

Nearby Locations

GET MORE INFORMATION

Shawn Cregg

Shawn Cregg

+1(315) 391-3806

NY Agent | License ID: 10401284942

NY Agent License ID: 10401284942

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Shawn Cregg, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.