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Property profile & analytics
OFF-MARKET
Investment properties

255 Dominick St 57 Rome, NY 13440-5911

10,764 SF 0.52 ac lot Built 1908
Entity Owned Absentee Owner Free & Clear
Property ID
US63-1624242
Property summary
AI-generated overview

This exceptional 10,764-square-foot restaurant property in Rome, New York, presents a unique investment opportunity. Located at 255 E Dominick St, this turnkey establishment boasts a rich history and is ready for immediate operation. The building includes a fully equipped commercial kitchen, bar area, multiple dining areas, and private party rooms. Two upstairs apartment units offer potential for additional rental income, which can be divided into two separate units. The 0.67-acre lot provides ample parking. The property's C-1 zoning allows for a variety of uses, including conversion to a multi-tenant building or redevelopment into a different commercial venture. The ground floor offers flexibility for subdivision or complete renovation. Public utilities are readily available. The asking price for this prime commercial property is $750,000. The property's Assessed Parcel Number (APN) is 242.059-1-66. This is a rare chance to acquire a well-established property with significant upside potential in a desirable location. The property's size and zoning provide a wide range of possibilities for future development and income generation.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1908
Total area 10,764 SF
Lot 0.52 ac (22,651 SF)
Zoning code C-1
APN 301301 242.059-0001-066
UPID US63-1624242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
DESTITO REALTY INC
DESTITO REALTY INC
Zoning & alternative use
C-1 · Rome, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-1 local commercial district. The C-1 local commercial district is intended to provide for small-scale commercial and mixed-use development that serves the local community. (b)

Zone name Local Commercial
General category COMMERCIAL
Zone area 283.76 ac
Source code of ordinances
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