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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 9667 sqft
Garage No
Maintenance Fees 
Taxes $23,112
Days Active 0
Approx. Age 1954
Avg. Price Per Sqft $257
MLS® Number B1639897

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

3149-3165 Main Street comprises two restaurant buildings on one property, including more than fifty parking spaces, in the University District, a half mile from UB South Campus. "The Steer" and "Lake Effect Diner" have been long established restaurant brands and locations for decades. Although the two restaurants share a property, they can be separated. The property is over a half-acre in size, The Steer is approximately 7, 100 square feet with an indoor capacity of 235 and an additional 80 patrons on the two patios. The Steer is a two-story building with a full basement, three bars (1st floor, 2nd floor, 2nd floor patio), 2 indoor dining rooms, 2 patios, and 2 kitchens. The Lake Effect Diner is 2, 600 square feet with a capacity of 50 and potential for an additional 80 included in a design plan for an addition (blueprints available). The Lake Effect Diner is, in part, a vintage, 1952 Mountain View Diner that was transported from Wayne Pennsylvania in 2001. The Vintage diner is the dining room while a new building was constructed that includes a large kitchen and full basement making up 2 stories of cooking, prep, and baking space. The Lake Effect Diner has been featured on the Food Networks "Diners, Drive-Ins and Dives" twice, including recently in 2025. Both buildings are newly updated, over equipped, and meticulously maintained. The property includes a 600 square foot garage (20x30), and two sheds. If separated the list price for the Steer is $1, 650, 000 and for the Lake Effect Diner $975, 000. Both restaurants will remain open until they are sold and closed.Show Description
MLS® NumberB1639897
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1954
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Forced Air
A/CCentral Air
Heating Fuel

Extras

Land and Building, Land, Building and Business

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