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1843 Penfield Rd

3,804 SF Retail Building Penfield, NY 14526 $1,119,801 CAD ($294 CAD/SF)

Investment Highlights

  • Strong demographics
  • Full basement with rest rooms
  • Ideal for office, retail or restaurant use
  • Strong traffic counts
  • Abundant parking +60 vehicles
  • Well constructed building with many uses

Executive Summary

Prime commercial real estate for sale in the heart of the Penfield Four Corners Business District. Formerly built as a bank, this building is ideal for commercial retail, restaurant or offices. There is parking for approximately 60 vehicles. Traffic counts are approximately 34,000 vehicles per day. Great monument signage in front of the building. Currently operating as a restaurant including an Ansul exhaust hood. There is a full basement with two stairways for egress (3800 SF). This basement space was permitted to be usable when constructed. It is approximately 3000 SF usable. There are rest rooms, break room and offices on this lower level. Other uses listed below. (There is a vault on the main level). Flexible on price and terms.
Zoning Code: https://ecode360.com/29271869
Below is the most current list of conditionally permitted uses:
C. Conditional Uses. The following uses may be permitted once the required conditional use permit and any other required approvals have been approved.
1) Retail stores
2) Restaurants ( sit-down or take out)
3) Personal service salons and shops ( e.g., barber shops, hair salon, aesthetics
salon, etc.)
4) Professional and medical offices
5) Financial institutions
6) Gasoline service station, without vehicle repair
7) Places of worship
8) K-12 schools (private and public)
9) Childcare and nursery schools
10) Instructional schools for dance, music, trades, tutoring and other skill -building
training programs
11) Photo studios, art galleries and similar
12) Senior living facilities, including skilled nursing facilities
13) Residential structures
14) Off-street parking lots
15) Combinations of conditionally permitted residential and non-residential uses
16) Other uses determined by the Town Board to be compatible with, and/or similar to, the conditional uses outlined above and consistent with the priorities of the Four Comers District and the Town' s current adopted Comprehensive Plan. Uses approved under this provision require a public hearing to be conducted before the conditional use permit can be issued.
Additionally, the new regulations contain provisions for the administrative review process, when the change in owner/occupant/tenant allows for them to be utilized.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,804 SF
Building Class
C
Year Built/Renovated
1966/2005
Price
$1,119,801 CAD
Price Per SF
$294 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
0.75 AC
Zoning
Commercial - Zoning: https://ecode360.com/PE0095/laws/LF2117576.pdf Considered the Four Corners District. Town approval is required for any future use. .
Parking
55 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
58 ft on Penfield Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
264200-139-060-0004-009-000
Land Assessment
$256,393 CAD
Improvements Assessment
$674,007 CAD
Total Assessment
$930,400 CAD
  • Listing ID: 33593659

  • Date on Market: 2024-10-22

  • Last Updated:

  • Address: 1843 Penfield Rd, Penfield, NY 14526

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