CCertihomes
11055 W Perimeter Road, South Valley, NY 14738

$570,000

0 beds 0 baths 5,440 sqft Built 1987103 days on marketActive

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$6,378/mo

Real estate (PITI + HOA + PMI)
$4,964
Principal + interest$3,657
Property tax + insurance$1,093
PMI / 2nd mortgage$214
Utilities
$3,033
Heating + cooling$1,347
Internet + TV + phone$173
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$173
$6,378/mo TLC
Budget$6,878/mo
Remaining after TLC$500/mo
Purchase price
$570,000
Down payment
$28,500 (5%)
Loan amount
$541,500
APR
7.15%

Quick facts

Type
Business
Style
Year built
1987
Lot size
1.65 ac
Stories
1
Heating
Propane, ForcedAir, SpaceHeater
Cooling
CentralAir
Water
Well
HOA
Annual tax
$4,274
MLS #
R1596894
County
Cattaraugus

At a glance

Air conditioning
Basement

Home features

Interior
BedroomOnMainLevel
Exterior
PropaneTankLeased
Parking
Driveway
Flooring
Linoleum, Vinyl, Carpet
Roof
Shingle
Sewer
SepticTank

Lot features

IrregularLot

Neighborhood — 14738

MetricThis ZIPCountyUSA
Population6,05619,351,094299,088,112
Population Change Since1990-5.00%8.00%20.00%
Population Density85395
Male2,9979,381,926147,432,321
Female3,0589,969,168151,655,844
Never Married1,0574,946,39163,775,926
Married2,8437,166,701123,120,365
Separated1471,159,67312,639,686
Widowed4781,110,24515,467,586
Divorced4441,210,44823,075,029
Number Of House Hold2,1857,102,016111,826,380
Average House Hold Size2.732.642.60
Medial Age40.3836.5335.46
Median House Hold Income$41,085$49,847$48,276
Average House Hold Income$47,826$70,032$63,629
P C I$18,294$26,569$24,529
M D I$35,730$42,210$41,133
A T H E$42,468$54,185$50,898
S T R8.00%4.00%
W C J77.17%81.55%77.74%
(Zip) Code
14738

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 5/6/2025. Provided courtesy of Real Estate Advantage via Buffalo MLS. Information deemed reliable but not guaranteed.

11055 W Perimeter Road · South Valley — $570,000 · Certihomes