2235 Buffalo RdRochester, NY 14624

  • Retail properties
  • 3,923 SF
For Sale
$300,000 View listing

Property Details for 2235 Buffalo Rd

Year built
1979
Lot size
1.33 AC
Property size (Sq ft)
3,923 SF
Zone code
05 - COMMERCIAL
Property type
Retail properties
Property subtype
Turn key restaurants
APN
262600 119.13-1-3.12
APU
262600119131312

Description

This established Rochester, NY diner, Pixley's, presents a unique investment opportunity. The 4,500 square foot restaurant, formerly a Denny's, boasts a loyal customer base and impressive annual gross revenue of $750,000, operating only for breakfast and lunch. Situated on one acre of land with ample parking (50+ spaces), this single-tenant property enjoys a high-traffic location (12,000+ ADT) adjacent to a bustling plaza anchored by a Tops Supermarket and other popular restaurants. The diner features 135 seats and a spacious kitchen/prep area, offering potential for expansion into dinner service or catering operations. Its prime location near a cinema complex further enhances its appeal. The business is available for sale, but a ground lease option is also being considered. All reasonable offers will be reviewed. This is a rare chance to acquire a profitable, well-established business in a high-demand area of Monroe County, New York. The property's strong performance and strategic location make it an attractive investment for both business owners and real estate investors. The existing infrastructure and loyal customer base provide a solid foundation for continued success and growth.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $931,243
    6.5%
    $859,609
    7%
    $798,208
  • Comparable approach

    Method
    Valuation
    Relative Method
    $903,163
    Geo Method
    $621,926
  • Alternative Use

    Use
    Valuation
    Residential
    $725,112
    Hospitality
    $664,199
    Educational
    $552,606
    Medical
    $571,611
    Retail
    $859,609
2235 Buffalo Rd, Rochester, New York
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Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.1467
Longitude
-77.7106
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$174,800
$335,400
$510,200
-
$210,603
$404,097
$614,700

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