Restaurant with Outdoor
For Sale
Contact for pricing
293 Main Street, Geneva, NY 14456
Hospitality property with indoor and outdoor bar service, a deck, and seating for food and beverage operations.
Property Size5,000 SF
Price / SF$0.60
Days on Market50
Property Features for 293 Main Street
General Information
Standard status
Active
Size
5,000 SF
Listing Agency:
Griffith Realty Group
(585) 394-8000
Listed By:
James L. Griffith · License #30GR0830923
(585) 314-1991
Source:
Nicholcityrealty
Added: Aug 30
Changed: Oct 3
Last Checked: Oct 16 at 8:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Griffith Realty Group
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Investment Insights
Based on property information with market context.
This 5,000-square-foot restaurant and bar includes separate indoor and outdoor bar areas, a 50-tap draft system, and dining space configured for 111 guests indoors. An exterior deck provides additional seating for 30 and extends the customer area outdoors.
The property is located at 293 Main Street in Geneva, near Seneca Lake and Hobart William Smith Colleges. The restaurant-only component is also available for lease, providing an alternative to the sale offering.
The property is located at 293 Main Street in Geneva, near Seneca Lake and Hobart William Smith Colleges. The restaurant-only component is also available for lease, providing an alternative to the sale offering.
Key Highlights
- 5,000‑square‑foot restaurant and bar property
- 50‑tap draft system
- Indoor and outdoor bar areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,894
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,577,880
$1.6M
Cap Rate 7%
$1,127,057
$1.1M
Cap Rate 9%
$876,600
$876.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$108.0K $21.60/SF
− Vacancy
−$2.8K −$0.56/SF
EGI
$105.2K $21.04/SF
− OpEx
−$26.3K −$5.26/SF
NOI
$78.9K $15.78/SF
Area
Ontario County, NY
Vacancy
2.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,577,880
Cap Rate 7%
$1,127,057
Cap Rate 9%
$876,600
Alternative Uses
Best Use
Specialty Retail
$1.13M
$986.2K – $1.31M
NOI $78,894 @ 7.0% cap · market cap 2,629.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,760 @ 7.0% cap · market cap 3,492.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 12%
Hotels & Casinos 7%
Home Improvements & Furnishings 3%
Byrne Dairy
Shops & Services
12,907 visits/mo
0.1 miles
Mark's Pizzeria
Dining
2,092 visits/mo
0.1 miles
Hampton Inn by Hilton Geneva
Hotels & Casinos
1,259 visits/mo
0.4 miles
Aaron's
Home Improvements & Furnishings
552 visits/mo
0.3 miles
Demographics for 14456, NY
19,602
Population
9,087
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
77.3 sq mi
ZIP Area
254
Density / Sq Mi
$74,691
Median Household Income
$38,782
Median Earnings
$967
Median Rent
$166,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Hospitality property with indoor and outdoor bar service, a deck, and seating for food and beverage operations.
Where is this conventional restaurant located?
The property is located at 293 Main Street Geneva, NY.
What are key features of this property?
This property features: 5,000‑square‑foot restaurant and bar property; 50‑tap draft system; Indoor and outdoor bar areas
