Turnkey Bar and Grill - Olcott Business District Auction Newfane, NY

Property Location MAP

5885 Main Street
Newfane, NY 14126

Property #: AP25095

Contact Agent

Michael Foster, CAI
Tranzon Auction Properties

716-507-9009 mfoster@tranzon.com
This turnkey commercial property at 5885 Main Street presents an outstanding investment opportunity in the heart of Newfane's Main Street corridor. Offering approximately 5,168 square feet of flexible space, the building is well-suited for restaurant, retail, or mixed-use operations. 
 
Formerly operated as a successful bar and restaurant, it features a welcoming porch with views toward Lake Ontario - ideal for capturing both local and seasonal traffic. Combining historic charm with modern potential, the property offers a rare chance to own a high-visibility, income-producing asset in a vibrant and growing lakeside community.
 
Michael Foster, Broker | NY #49F00966562 | 16 Warren Ave., Kenmore, NY 14217
 
Broker's Procedures: Please be advised that prior to showing a purchaser a property: (1) we do not require identification from a prospective purchaser, (2) we do not require a purchaser to sign an exclusive brokerage agreement and (3) we do not require a pre-approval for a mortgage loan in order to show a purchaser properties.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Michael Foster, CAI

Michael Foster, CAI: Tranzon Auction Properties

716-507-9009 mfoster@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyer's Premium based on the high bid.
  • Closing: 30-day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: Ten percent (10%) of purchase price (high bid + buyer's premium) due within twenty-four (24) hours of auction end.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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