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Property at 11055 W Perimeter Road, South Valley, NY 14738
ACTIVE
$37,500
$510,000

11055 W Perimeter RoadSouth Valley, NY, 14738

5,440 SqFt1.65 Acres
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.
1 / 50

Est. Monthly

$2,417/MO

$510,000
$37,500

11055 W Perimeter Road, South Valley, NY

5,440 SqFt1.65 Acres

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.

StatusActive
Property TypeCommercial Sale
Property SubtypeBusiness
Year Built1987
Days on Market425 days

Est. Monthly Payment

$2,417.39

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

11055 W Perimeter Road

South Valley, NY 14738 • Cattaraugus
—
Beds
—
Baths
5,440
SqFt
1.65
Acres
Status
Active
Property Type
Commercial Sale
Property Subtype
Business
Year Built
198739 years ago
Days on Market
425 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $4,274
Property History
  • Price reduced
    Jun 17, 2026 • NYSAMLS • R1596894
    $547,500 → $510,000
  • Price reduced
    Jun 17, 2026 • NYSAMLS • R1597679
    $467,500 → $420,000
  • Listed for sale
    May 6, 2025 • NYSAMLS • R1597679
    $490,000
Mortgage Calculator
Estimated monthly payment for this property
$2,417.39
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1596894
  • Listing Office
    Real Estate Advantage
  • Last Updated
    18 days ago

Climate & Systems

  • Heating
    • Propane
    • Forced Air
    • Space Heater

Interior Features

  • Flooring
    • Linoleum
    • Vinyl
    • Carpet
  • Basement
    • Full
    • Storage Space
  • Interior Features
    Bedroom On Main Level

Parking

  • Parking Features
    Driveway
  • Parking Spaces
    70

Lot & Grounds

  • Lot Size
    1.65 acres
  • Lot Features
    Irregular Lot
  • Exterior Features
    Propane Tank Leased

Type

  • Property Type
    Commercial Sale
  • Property Subtype
    Business

Structure

  • Construction
    • Attic Crawl Hatchways Insulated
    • Block
    • Frame
    • Concrete
    • Spray Foam Insulation
    • Wood Siding
  • Roof
    Shingle

Condition

  • Year Built
    1987
  • Condition
    Resale
  • Days on Market
    425 days
  • Water
    Well
  • Sewer
    Septic Tank
  • Utilities
    Electricity Connected
Also Listed On
  • NYSAMLS
    1 related listing
    Active$420,000

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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