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Restaurant Property with Apartments
For Sale
$475,000

3212 Lake Ave, Rochester, NY 14612

Restaurant improvements include a maintained kitchen, conveyed equipment, and separate utilities serving the apartments.

Property Size5,472 SF
Days on Market9

Property Features for 3212 Lake Ave

General Information

Standard status Active
Size 5,472 SF
Total Parking Spaces 25
Property subtype Commercial

Restaurant

Seating Capacity 72
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $6,520

Building Details

Building Size 5,472 SF
Year Built 1940
Stories 2
Units 4
Listing Agency:
Listed By: Peter Schick
Source: Elliman
Added: Aug 13 Changed: Aug 16 Last Checked: Aug 21 at 11:18AM

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 Peter Schick

Investment Insights

Based on property information with market context.

Built in 1940, this restaurant property includes a kitchen, restaurant furniture and equipment, and seating approved for up to 72 customers. The property also contains three apartments, each with separate utilities and its own off-street parking distinct from the restaurant parking area. Two additional lots are included with the purchase.

The restaurant provides 25 parking spaces, while the apartments have dedicated spaces apart from the restaurant area. Property improvements include a new roof, two newer boilers, and newer hot water tanks. Located at 3212 Lake Ave in Rochester, NY, the property combines restaurant operations with residential units in one commercial asset.

Key Highlights

  • Restaurant seating approved for up to 72 customers
  • Three apartments with separate utilities and dedicated off‑street parking
  • 25 parking spaces designated for the restaurant

Property Analytics

Current Use

Lakeside Haven Family ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Skin Care Clinic Gym & Fitness Center

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

3
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
10,495 visits/mo 0.2 miles
Kwik Fill Shops & Services
310 visits/mo 0.2 miles

Demographics for 14612, NY

34,844
Population
16,063
Households
2.2
Avg Household Size
47
Median Age
36%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
2,026
Density / Sq Mi
$81,598
Median Household Income
$46,250
Median Earnings
$1,069
Median Rent
$187,500
Median Home Value

Market

Vacancy Rate% for Retail in Rochester, NY

9.6% 2020
9.1% 2021
9% 2022
8.6% 2023
9.4% 2024
9.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant improvements include a maintained kitchen, conveyed equipment, and separate utilities serving the apartments.
Where is this conventional restaurant located?
The property is located at 3212 Lake Ave Rochester, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Restaurant seating approved for up to 72 customers; Three apartments with separate utilities and dedicated off‑street parking; 25 parking spaces designated for the restaurant
More about this property
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