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Property profile & analytics
OFF-MARKET
Turn key restaurants

300 Jefferson Rd Rochester, NY 14623-2427

7,411 SF 2.56 ac lot Built 1978
Entity Owned 25-yr Hold ~ Est. High Equity
Property ID
US63-0449079
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • LibertyX Bitcoin ATM Atm
  • MacGregor's Grill & Tap Room 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
300 Jefferson Road Associates · 25 yrs held
300 Jefferson Road Associates
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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