Restaurant or development opportunity 300 Jefferson Rd 8,005 SF Retail Building Rochester, NY 14623 $2,875,600 CAD ($359.23 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great demographics with high traffic counts 26,616 AADT
- Pylon sign is electronic messaging sign in front of building. Signage also on building.
- Metal sloped roof that was recently completed along with a rubber membrane roof under warranty (5 yrs old).
- Parking for 180 Vehicles; Occupancy is 383 for patrons
- Possibility to repurpose building for live entertainment with 2.6 acres for expansion or parking
- HVAC rooftop equipment is newer and well maintained (5 units). Full basement below building for coolers/equipment/storage
EXECUTIVE SUMMARY
Stand alone turn key sports bar/ restaurant with potential for other uses under the town zoning code. Located on the main Henrietta Retail Corridor. Abundant parking on approximately +/- 2.5 acres. Demographics are strong with large daytime population for this location. This business has thrived at this location with close proximity to the college population. Fully equipped restaurant and bar with abundant outdoor seating and a patio and gas firepit. All furniture, fixture and equipment is included in sale (vending machines excluded but available for lease). Over 138 draft beers on tap with a large bar and generous seating. Lots of upside potential of a new user. Live music could be an option in the future given the parking spaces and the size of the outdoor deck and patio. Building could also be repurposed for another use or expanded. Occupancy is 383 patrons. Parking for 180 vehicles. Occupancy for 383 patrons.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
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| Operating Expenses |
-
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| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS Under Contract
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
8,005 SF
Building Class
B
Year Built/Renovated
1978/1996
Price
$2,875,600 CAD
Price Per SF
$359.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.56 AC
Zoning
05 - B-1 zoning
Large digital pylon sign
Minutes from RIT
Located on the main Henrietta Retail Corridor
Close to U of R Orthopedic Medical Center
Parking
185 Spaces (23.11 Spaces per 1,000 SF Leased)
Frontage
472’ on Jefferson Rd
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 263200-161-010-0001-022-100 | Improvements Assessment | $638,383 CAD (2023) |
| Land Assessment | $655,637 CAD (2023) | Total Assessment | $1,294,020 CAD (2023) |
