Property profile

300 Jefferson Rd Rochester, NY 14623

OFF-MARKET
Turn key restaurants
Property ID
US63-0449079
7,411 SF 2.56 ac lot Built 1978
Entity Owned 25-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,000-square-foot, single-story restaurant and bar, located at 300 Jefferson Rd, Rochester, NY 14623, is available for $1,999,990 ($250/sq ft). Built in 1978 and renovated ten years ago, this Class B property sits on a 2.56-acre lot with ample parking for 189 vehicles. Currently operating as the Macgregor Grill and Taproom, the property boasts a fully equipped kitchen and bar, extensive outdoor seating with a patio and fire pit, and capacity for 383 patrons. The sale includes all furniture, fixtures, and equipment (excluding vending machines, which are available for lease). The property features over 138 draft beer taps and benefits from a strong location on the main Henrietta Retail Corridor, with proximity to a college population and high daytime traffic. Zoned for general business, this property offers significant upside potential for a new owner, with possibilities for expansion, repurposing, or even incorporating live music given the abundant parking and outdoor space. The property is free and clear of any mortgage and occupancy is slated for December 31, 2024.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Total area 7,411 SF
Lot 2.56 ac (111,463 SF)
Zoning code 05 - COMMERCIAL
APN 263200 161.01-1-22.1
UPID US63-0449079

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
  • Atm
  • Bar & Pub Restaurant

Location

300 Jefferson Rd Rochester, NY 14623-2427
Rochester metro Census 13104 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2001
Last sale
$2.0M
4 recorded transactions
2001
$760,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Rochester, NY

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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