Iconic Webster Commercial
For Sale
$1,300,000
699 Five Mile Line Road, Webster, NY 14580
Established destination with warehouse, retail store, and restaurant.
Property Size11,605 SF
Lot Size3.68 Acres
Price / SF$112.02
Days on Market143
Property Features for 699 Five Mile Line Road
General Information
Standard status
Active
Size
11,605 SF
Lot size
3.68 Acres
Listing Agency:
Empire Realty Group
(585) 347-4900
Listed By:
Thomas G. Lockwood · License #30LO0935938
(585) 737-4055
Source:
Nicholcityrealty
Added: May 19
Changed: Oct 6
Last Checked: Oct 7 at 11:55AM
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 Empire Realty Group
Investment Insights
Based on property information with market context.
This 3.68-acre property, located at 699 Five Mile Line Road in Webster, New York, presents a commercial opportunity. The site includes a 7,200 square foot warehouse designed for high-efficiency operations, featuring one drive-in door and two dock-height bays. Additionally, there is a 4,405 square foot retail store. The property currently houses a restaurant and a country store, drawing visitors for fresh cider and winemaking supplies. A surfaced parking lot accommodates at least 20 vehicles. The property is located near the intersection of Five Mile Line Road and Klem Road, offering visibility and a history of community patronage. This site is suited for expanding an existing production business or launching a new craft beverage and dining concept.
Key Highlights
- Established business with a legacy dating back to 1830, including a popular restaurant and country store.
- High‑visibility location near the intersection of Five Mile Line Road and Klem Road.
- Expansive 3.68‑acre property with ample parking for 20+ vehicles.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,714
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,254,280
$2.3M
Cap Rate 7%
$1,610,200
$1.6M
Cap Rate 9%
$1,252,378
$1.3M
Market Conditions
NOI Build-Up for 11,605 SF
Gross rent
$174.1K $15.00/SF
− Vacancy
−$13.1K −$1.13/SF
EGI
$161.0K $13.88/SF
− OpEx
−$48.3K −$4.16/SF
NOI
$112.7K $9.71/SF
Area
Monroe County, NY
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,254,280
Cap Rate 7%
$1,610,200
Cap Rate 9%
$1,252,378
Alternative Uses
Best Use
Specialty Retail
$2.23M
$1.95M – $2.60M
NOI $155,947 @ 7.0% cap · market cap 12.00%
Second Best
Retail
$1.61M
$1.41M – $1.88M
NOI $112,714 @ 7.0% cap · market cap 8.67%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14580, NY
54,148
Population
24,355
Households
2.2
Avg Household Size
46
Median Age
45%
College-Educated
96%
High-School Grad
42.6 sq mi
ZIP Area
1,271
Density / Sq Mi
$95,499
Median Household Income
$58,150
Median Earnings
$1,387
Median Rent
$253,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Established destination with warehouse, retail store, and restaurant.
Where is this storefront property located?
The property is located at 699 Five Mile Line Road Webster, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Established business with a legacy dating back to 1830, including a popular restaurant and country store.; High‑visibility location near the intersection of Five Mile Line Road and Klem Road.; Expansive 3.68‑acre property with ample parking for 20+ vehicles.
