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Improved Commercial Land for Sale in Frewsburg, New York

11055 W Perimeter Rd, Frewsburg, NY 14738

$560,000
1.65 acres
Active
$10k drop
Est $3,100/mo

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.

5,440
Sq feet
1987
Built

Location

Street address
11055 W Perimeter Rd
Community
South Valley-048200
School district
Randolph
Elevation
1,427 feet
Coordinates
42.1047, -78.8987

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.

Property details

Acreage
1.65 acres
MLS #
NYSAMLS R1596894
Posted

Property taxes

Recent
$4,274

Parcels

  • 048200-097-002-0002-020-001-0000

Details and features

Listing

Type
Commercial Sale
Franchise
Independent

Lot

Features
Irregular Lot

Exterior

Parking Spaces
70
Parking
Driveway
Features
Propane Tank Leased

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Heating
Forced Air, Propane, Space Heater
Cooling
Central Air
Materials
Attic Crawl Hatchways Insulated, Block, Concrete, Frame, Spray Foam Insulation, Wood Siding
Roof
Shingle

Interior

Flooring
Carpet, Linoleum, Vinyl
Features
Bedroom On Main Level

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Oct 31, 2025Price drop$560,000$10,000 -1.8%NYSAMLS
Aug 17, 2025Price drop$570,000$10,000 -1.7%NYSAMLS
May 7, 2025New listing$580,000NYSAMLS
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This 1.65-acre property is located at 11055 W Perimeter Rd in Frewsburg, NY 14738. The property is available for sale for $560,000. It has a 5,440 sq ft structure built in 1987.

Checked 8 hours ago — Updated

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