11055 W Perimeter Road, South Valley, NY 14738
Cattaraugus County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1987
Stories
1
Living Area
5,440 sq ft
Lot Size
1.65 acres
Lot Dimensions
246X504
Parking Spaces
70
Zoning
400
Days on Market
407
MLS® Listing#
R1596894
Property Features
Interior
Cooling
Heating
Flooring
Basement
Parking
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$4,274
Assessed Value
$134,700
Parcel Number
048200-097-002-0002-020-001-0000
Directions
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.
Affordability Calculator
$102,000
Estimated monthly payment
$2,714/mo
Principal $408,000 · Est. interest $569,196 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in South Valley, NY
- $779,851
- Median Listing Price
- 43
- Median Days on Market
- 1,803
- Median Sq Ft
- $427
- Median Price / Sq Ft
- 535
- Active Listings
- This home’s price is 35% below the area median.
- Its price per sq ft is 78% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in South Valley, NY.
Location
Points of Interest in South Valley, NY
Showing the South Valley area map.
Nearby Schools
Gail N Chapman Elementary School
Elementary · 7.9 mi away
Randolph High School
Secondary · 7.9 mi away
Randolph Central School
Elementary · 7.9 mi away
Randolph Academy
School · 8.1 mi away
Randolph Area Nursery School
School · 8.4 mi away
Paul B D Temple Elementary School
Elementary · 10.8 mi away
Robert H. Jackson Elementary School
Elementary · 11.1 mi away
Frewsburg Central School
School · 11.6 mi away
Frewsburg Junior Senior High School
Secondary · 11.6 mi away
Salamanca City Central School District
Secondary · 12.5 mi away
Salamanca
School · 12.7 mi away
Warren County School District
School · 13.3 mi away
Harvey C Fenner Elementary School
Elementary · 14.1 mi away
Falconer Central School District
Secondary · 14.1 mi away
Falconer United Methodist Church
School · 14.4 mi away
Prospect Elementary School
Elementary · 14.6 mi away
Clinton V Bush Elementary School
Elementary · 14.7 mi away
Jamestown Public Schools
Secondary · 14.7 mi away
Jamestown High School Track & Field
Secondary · 14.7 mi away
Gustavus Adolphus Learning Center
School · 14.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 425 Sierra Vista Lane, Valley Cottage, NY | $359,900 | 1 | 1 | 1,022 |
| 1666 Main Street, Pleasant Valley, NY | $360,000 | 3 | 2 | 2,232 |
| 135 Cliffside Drive, South Bristol, NY | $372,900 | 2 | 2 | 1,410 |
| 12483 Sawmill Run Road, South Valley, NY | $374,900 | 2 | 2 | 1,740 |
| 0 Longview Drive, South Bristol, NY | $375,000 | — | — | — |
| 48 Gleason Boulevard, Pleasant Valley, NY | $375,000 | 3 | 2 | 1,144 |
Moving Cost Estimate
EXIT Agents in South Valley
Listing Courtesy: Real Estate Advantage - 716-499-0370
Presented by: Cynthia Johnson
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable by is not guaranteed accurate by the MLS.
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Fair Housing NoticeLast Updated: 2025-05-06