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      Property at 11055 W Perimeter Road, South Valley, NY 14738
      ACTIVE
      $12,500
      $547,500

      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

      $2,595/mo

      $547,500
      $12,500

      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 Market379 days

      Est. Monthly Payment

      $2,595.14

      %
      %
      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
      379 days
      Tax History
      Estimated values, may not reflect current amounts.
      • Annual Tax Amount
        $4,274
      Property History
      • Price reduced
        Mar 11, 2026 • NYSAMLS • R1596894
        $560,000 → $547,500
      • Price reduced
        Mar 11, 2026 • NYSAMLS • R1597679
        $480,000 → $467,500
      • Listed for sale
        May 6, 2025 • NYSAMLS • R1597679
        $490,000
      Mortgage Calculator
      Estimated monthly payment for this property
      $2,595.14
      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
        379 days
      • Water
        Well
      • Sewer
        Septic Tank
      • Utilities
        Electricity Connected
      Also Listed On
      • NYSAMLS
        1 related listing
        Active$467,500

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

      Kevin Lucero

      Kevin Lucero

      Lic. Real Estate Salesperson

      CallEmail
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