230 Main St Batavia, NY 14020
- Retail properties
- 2,633 SF
- 1.12 lot acres
Current Use by Public Records
- Burger King / Restaurant
Property Details for 230 Main St
- Lot size
- 1.12 lot acres
- Property size
- 2,633 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a freestanding, 2,633 square foot building currently occupied by a Burger King restaurant in Batavia, New York. Located at 230 W Main Street, this property sits on a 1.12-acre lot and features a convenient drive-thru. The existing lease is an Absolute NNN lease with a corporate guarantee, providing significant security for the investor. The current tenant, Burger King, has a lease expiring April 30, 2025. However, the landlord retains the right to exercise lease options at any time, while Burger King holds the right to exercise options after November 1, 2024. This high-sales-volume location has been operational since 1977, demonstrating its enduring appeal and strong market position within the Genesee County community. The property's versatile zoning allows for potential future uses beyond its current configuration, presenting further investment possibilities. This is a rare chance to acquire a well-established, high-performing retail property with a strong tenant and significant upside potential. The property's location in Batavia, NY, offers easy access to major transportation routes and a thriving local market. The substantial lot size also provides ample space for potential expansion or future development. This is an ideal investment for those seeking a stable, income-producing asset with significant long-term growth prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Batavia
- County
- Genesee
- State
- New York
- Longitude
- -78.1945
- Latitude
- 43.0015
