Property profile

230 Main St Batavia, NY 14020

OFF-MARKET
Retail properties & Spaces
2,633 SF 1.12 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,633 SF
Lot 1.12 ac (48,787 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

230 Main St Batavia, NY 14020
Batavia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 230 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message