6 Victor Mendon RdMendon, NY 14506

Property Details for 6 Victor Mendon Rd

Year built

1965

Lot size

0.47 AC

Property size (Sq ft)

2,782 SF

Zone code

RS

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

263689 216.07-1-16.1

APU

263689216071161

Description

This exceptional 2,782 square foot restaurant space, previously a thriving pizza and sub shop, presents a remarkable opportunity for a seasoned operator. Located at 6 Victor Mendon Rd in the Hamlet of Mendon, within the Greater Rochester submarket, this single-tenant property sits on a half-acre lot (0.5 acres) and boasts ample parking with 10 spaces. The property is conveniently situated on Route 64, ensuring high visibility and accessibility. All existing fixtures, furniture, and equipment are included in the lease, representing a significant cost savings for the new tenant. This comprehensive inventory includes tables and chairs, a walk-in cooler, various prep tables, dough mixers, sheet racks, a sandwich prep table, fryers, a Vulcan commercial range and flat top, and two large hood systems. The property taxes are $2.50 per square foot. This turnkey operation eliminates the need for extensive upfront investment in equipment and allows for immediate commencement of business. The ideal candidate will possess experience in the quick-service restaurant (QSR) industry and a vision to capitalize on this prime location and existing infrastructure. Don't miss this chance to establish or expand your restaurant business in a vibrant and accessible community.

• CAP approach

  CAP return

  Valuation

  6%

  $449,246

  6.5%

  $414,689

  7%

  $385,068

• Comparable approach

  Method

  Valuation

  Relative Method

  $254,158

  Geo Method

  $325,565

• Alternative Use

  Use

  Valuation

  Residential

  $514,214

  Hospitality

  $471,018

  Educational

  $391,881

  Medical

  $405,358

  Retail

  $609,593

Location Insight

City

Mendon

County

Monroe

State

New York

Latitude

42.9981

Longitude

-77.5041

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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