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    134 N Main Street Mount Morris, NY 14510

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    Claim this Listing
    For Sale
    $949,900

    COMMERCIAL - Mount Morris, NY

    Property size:
    40,268 SF
    Lot size:
    2.89 Acres
    Price / SF:
    $23/SF
    Added:
    Dec 1, 2025
    Days on Market:
    142
    Last Refresh:
    Apr 22 at 9:06 am

    Property Features for 134 N Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Rooms
    Basement
    Parking
    200
    Parking features
    Paved or Surfaced
    Standard status
    Active
    APN
    243601-106-006-0001-003-011-0000
    Size
    40,268 SF
    Lot size
    2.89 Acres

    Taxes and HOA fees

    Tax Annual Amount
    33349

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Varies, Carpet, Hardwood
    Building materials
    WoodSiding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    John Antetomaso
    John Antetomaso

    Listing agent John Antetomaso License #49AN1151017

    Listing office RE/MAX Plus 2171 Monroe Avenue, Rochester, NY

    Listing date Dec 1, 2025

    MLS# R1650934

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Genesee River Restaurant and Reception

    The Genesee River Restaurant and Reception Center is available for sale in Mount Morris. This commercial property has provided service for special events in the Mt. Morris area. The property includes ample parking and multiple rooms suitable for various party sizes, along with a large kitchen and multiple bar stations. The building has a full basement for storage or future expansion. The 40,268 square foot property is situated on a 2.89-acre lot. The second floor, formerly a boarding house, could be converted back into rooming or hotel space with proper permitting. The property is conveniently located near Letchworth State Park and includes signage. The zoning is commercial. The property is located at 134 N Main Street, Mount Morris, NY 14510.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Morris
    County
    Livingston
    State
    New York
    Longitude
    -77.879943
    Latitude
    42.737274

    Nearby Similar for Sale

    • $750,000
      12,038 SF

      Retail Plaza Near Letchworth Park

      Retail strip plaza with businesses and expansion potential near Letchworth.
      140 N Main Street, Mount Morris, NY 14510
      View Details
    • $1,182,720
      10,752 SF

      Retail Space in Mount Morris

      Retail space for sale with high traffic volume.
      40 E State St, Mount Morris, NY 14510
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant and reception center in Mount Morris near Letchworth.
    Where is this restaurant located?
    The property is located at 134 N Main Street Mount Morris, NY.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: Established restaurant and reception center with a history of exceptional service.; Ample on‑site parking and multiple rooms to accommodate various event sizes.; Large kitchen and multiple bar stations suitable for event needs.
    (585) 787-8888
    We can help!
    Listing Contact
    John Antetomaso
    John Antetomaso
    Real Estate License ID: 49AN1151017
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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