Property profile

1551 Mt Hope Ave Rochester, NY 14620

OFF-MARKET
Turn key restaurants
Property ID
US63-5645075
1,995 SF 0.19 ac lot Built 1976
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,990 square foot commercial property, located at 1551 Mount Hope Avenue in Rochester, NY, presents a dynamic investment opportunity. Situated on a 0.19-acre lot, this all-brick building boasts a fully equipped kitchen, capable of serving up to 124 patrons, making it ideal for a variety of uses. Its prime location, just two blocks from Strong Hospital, the University of Rochester, and the new College Town development, ensures high visibility and significant foot traffic—over 17,000 cars per day. The property includes all furniture, fixtures, and equipment, representing a true turnkey operation. A full basement with a walk-in cooler provides ample storage space. The building is currently configured as a bar/restaurant, but its versatility allows for a range of commercial ventures. The sale includes the land, building, and all equipment. This is a rare opportunity to acquire a well-established, high-traffic commercial property in a rapidly growing area of Rochester. The asking price is $425,000. Lease options may also be available.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Total area 1,995 SF
Lot 0.19 ac (8,382 SF)
APN 261400 136.61-3-37
UPID US63-5645075

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

1551 Mt Hope Ave Rochester, NY 14620-4241
Rochester metro Census 3806 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2025
Last sale
$200,000
6 recorded transactions
2025
$325,000
2025
$127,653
2018
$200,000
2016
Price N/A
2008
$290,000
2003
$49,160

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
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