Building Details

Building Size 3,613 SF

Year Built 1955

Listing Agency: Real Broker NY LLC

Listed By: Khem Kadariya · License #10401333851 Show Phone

Source: Griffith-realty

Added: Apr 30 Changed: Oct 21 Last Checked: Oct 23 at 2:18PM

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Investment Insights

Based on property information with market context.

This established restaurant/bar property is being offered for sale with real estate included. The interior layout supports full-service dining with designated seating areas, a bar service area, and a functional kitchen configuration and service flow. The sale includes a fully equipped setup with furnishings, fixtures, equipment, and a full-service bar in place. The building has been maintained and includes updates completed in 2016. A full basement provides approximately 2,595 square feet for storage or operational space.

The site is positioned along a high-visibility corridor with convenient access to major roadways and includes ample on-site parking. The property also includes 3.61 acres of land, offering space for potential expansion or adaptation to other permitted uses, subject to local approvals.

Additional nearby context referenced in the remarks includes proximity to Scottsville, Rochester Institute of Technology, and Greater Rochester International Airport. Opportunity is available to continue the current restaurant use or adapt the property to other permitted business types, subject to approval.

Key Highlights

• Established operating Indian restaurant/bar at 2771 Scottsville Road with fully equipped setup included
• Building updates completed in 2016; maintained and currently configured for full‑service dining with kitchen and bar service area
• Full‑service bar included, along with furnishings, fixtures, and equipment included with the sale

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$48,551

Cap Rate

7.47%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$971,020 $971.0K

Cap Rate 7%

$693,586 $693.6K

Cap Rate 9%

$539,456 $539.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,613 SF

Gross rent

$68.5K $18.96/SF

− Vacancy

−$3.8K −$1.04/SF

EGI

$64.7K $17.92/SF

− OpEx

−$16.2K −$4.48/SF

NOI

$48.6K $13.44/SF

Area

Monroe County, NY

Vacancy

5.50%

Lease Rate

$18.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$971,020

Cap Rate 7%

$693,586

Cap Rate 9%

$539,456

Alternative Uses

Best Use

Specialty Retail

$693.6K

$606.9K – $809.2K (±1% cap)

NOI $48,551 @ 7.0% cap · market cap 7.47%

Second Best

—

—

no second resolved use

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Greenway Grille and Bar Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store Restaurant Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

38

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 14546, NY

4,872

Population

2,225

Households

2.2

Avg Household Size

42

Median Age

42%

College-Educated

98%

High-School Grad

36.1 sq mi

ZIP Area

135

Density / Sq Mi

$82,578

Median Household Income

$46,206

Median Earnings

$1,260

Median Rent

$173,800

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Operating restaurant property with a fully equipped kitchen, furnishings, fixtures, equipment, and full-service bar included.

Where is this conventional restaurant located?

The property is located at 2771 Scottsville Road Scottsville, NY.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: Established operating Indian restaurant/bar at 2771 Scottsville Road with fully equipped setup included; Building updates completed in 2016; maintained and currently configured for full‑service dining with kitchen and bar service area; Full‑service bar included, along with furnishings, fixtures, and equipment included with the sale