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Property profile & analytics
FOR SALE
Turn key restaurants

2901 Dewey Ave Rochester, NY 14616

8,590 SF 0.17 ac lot Built 1967
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-0323734
Property summary
AI-generated overview

This exceptional 8,500 square foot retail property, located at 2901 Dewey Avenue in Rochester, New York, presents a unique investment opportunity for owner-users. The building, constructed in 1923, boasts a two-story structure and offers a single tenancy. Currently configured as a bar and restaurant with storefront capabilities, this versatile space is ideal for a variety of uses. The asking price is $500,000, translating to $58.82 per square foot. The property's prime location offers significant advantages, including convenient walking distance to a Family Dollar store and close proximity to both Wegmans and Tops supermarkets, ensuring high visibility and foot traffic. This presents a rare chance to acquire a substantial, established property in a thriving Rochester neighborhood. The net rentable square footage is 8,500 square feet, spread across one building. The property is being offered for sale by owner. This is a fantastic opportunity for an owner-user seeking a well-situated, established business location in a high-traffic area of Rochester, NY, zip code 14616.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1967
Total area 8,590 SF
Lot 0.17 ac (7,405 SF)
Zoning code 05 - COMMERCIAL
APN 262800 075.25-7-2
UPID US63-0323734
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
Current use
Occupant on record · Public records
  • Dutch Mill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
2901 Dewey Ave II LLC · 4 yrs held
2901 Dewey Ave II LLC
since 2022
Last sale
$307,500
3 recorded transactions
2022
$307,500
2016
$300,000
2012
Price N/A
Zoning & alternative use
05 - COMMERCIAL · Rochester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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