715 Ridge Road

715 Ridge Road, Lackawanna, NY 14218

  • For Sale $500,000
  • Property Type Office - General Office
  • Property Size 6,414 SF
  • Building Class B
  • Date Updated Jun 3, 2025
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.
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Highlights

  • Gross Income Potential: $102,600+/year
  • Apartments currently rented at $1,500/month each ($36,000/year), with market rents closer to $1,850/month ($44,400/year)
  • Bar lease potential: $3,500/month ($42,000/year) — OR operate the bar yourself and maximize profits
  • NY Lotto Quick Draw alone brings in $2,000/month passive income ($24,000/year)
  • Even without bar sales, you're looking at over $100K in annual gross income, delivering a high cap rate and double-digit cash-on-cash return — a rare find in today’s market.
  • Turn-key bar with 22 taps (16 air-cooled), new glycol system
  • New HVAC (2022), 22 new windows, updated electrical
  • New outdoor patio on a double lot
  • Dry basement, on-site laundry
  • FHA financing eligible — as little as 3% down for owner-occupants
  • Added Value: Owner retiring and relocating to Florida
  • Proven income-generating property that’s funded other real estate ventures
  • Seller to complete facade painting and exterior improvements before closing

Contacts

broker
George William

Grimaldi Commercial Realty Corp.

Location

Getting Around

  • Walk Score ®

    61/100 Somewhat Walkable

  • Transit Score ®

    30/100 Some Transit

  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Lackawanna, NY
  • Zip Code 14218
  • Market Buffalo

Points of Interest

  • Abbott Bailey Loop

    2.23 miles

  • Southgate Plaza

    3.59 miles

  • Buffalo–Exchange Street Station

    4.42 miles

  • Canalside

    4.47 miles

  • Lafayette Square

    4.90 miles

  • Metro Rail Station

    5.59 miles

  • Humboldt–Hospital

    7.18 miles

  • Hertel & Voorhees

    8.48 miles

  • Hertel & Vorrhees

    8.48 miles

  • Hertel & Starin

    8.49 miles

  • Speedway

    0.23 miles

  • Mobil

    1.21 miles

  • Marathon

    1.95 miles

  • Tops

    1.99 miles

  • Delta Sonic

    2.09 miles

  • Tesla Supercharger

    3.43 miles

  • ChargePoint

    9.72 miles

  • West Seneca Municipal Parking

    2.12 miles

  • Seneca Bluffs

    2.63 miles

  • Lot E

    3.52 miles

  • Lot D

    3.57 miles

  • Lot B

    3.57 miles

  • Visitor Lot

    3.60 miles

  • Lot A

    3.64 miles

  • Larkin Square Parking Ramp

    3.65 miles

  • Lot I

    3.66 miles

  • Lot H

    3.74 miles

  • La Quinta Inn & Suites Lackawanna

    1.16 miles

  • Country Inn & Suites, Buffalo South I-90

    1.80 miles

  • Staybridge Suites

    1.81 miles

  • Hampton Inn & Suites

    1.86 miles

  • Econo Lodge Buffalo South

    2.37 miles

  • Quality Inn Near Walden Galleria Mall

    3.82 miles

  • Best Western Plus Galleria Inn & Suites

    3.91 miles

  • Buffalo Marriott at LECOM Harborcenter

    4.42 miles

  • Courtyard Buffalo Downtown/Canalside

    4.46 miles

  • The Lofts on Pearl

    4.69 miles

  • Chopstick House

    0.01 miles

  • Subway

    0.03 miles

  • Curly's

    0.13 miles

  • Burger King

    0.64 miles

  • Leo's Pizzeria

    0.82 miles

  • Mineo's South Pizzaria

    1.00 miles

  • Chuckie's Texas Hots

    1.32 miles

  • Nine-Eleven Tavern

    1.36 miles

  • South Park Pizza and Deli

    1.80 miles

  • The Dove Restaurant

    2.04 miles

  • Saint Barbaras School

    0.28 miles

  • Franklin School

    0.33 miles

  • McKinley School

    0.72 miles

  • Martin Road Elementary School

    0.82 miles

  • Public School 29

    0.89 miles

  • Washington School

    0.90 miles

  • Roosevelt School

    0.90 miles

  • Lincoln Junior High School

    1.06 miles

  • Saint Martins School

    1.12 miles

  • Lackawanna High School

    1.24 miles

  • EduKids

    5.77 miles

  • Orchard Park Cooperative School

    5.95 miles

  • Prep Daycare

    6.18 miles

  • PS 61 Early Childhood Center

    7.40 miles

  • Buffalo Promise Neighborhood Children’s Academy by EduKids

    7.98 miles

  • YWCA of Western New York Day Care

    8.57 miles

  • Jumped Up Jellybeans

    8.59 miles

  • Skies the Limit Academy

    8.63 miles

  • EduKids Early Childhood Education Center

    8.63 miles

  • Puddle Jumpers

    8.91 miles

Frequently Asked Questions

How much does 715 Ridge Road cost?

The space currently listed for sale at 715 Ridge Road asks for $500,000.

What is the total square footage of 715 Ridge Road?

715 Ridge Road totals 6,414 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
George William

Grimaldi Commercial Realty Corp.

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