Property profile

3415 Rochester Rd Lakeville, NY 14480

OFF-MARKET
Turn key restaurants
Property ID
US63-4335278
1,305 SF 0.35 ac lot Built 1970
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity combines a thriving, well-established restaurant business with a prime commercial property at the north end of Conesus Lake. The 1,305 square foot building sits on a 0.35-acre lot, offering a highly visible corner location. The restaurant boasts a popular BBQ and beer menu, attracting a solid and growing customer base. Operating only five days a week (closed all of January), the business demonstrates significant earning potential. The sale includes the building, the established business, all equipment, and inventory. Extensive renovations were completed in 2011, including a full interior and exterior update. Further improvements include new flooring installed in 2022, a recently upgraded point-of-sale system, and new HVAC, coolers, freezers, and patio heaters (all less than three years old). The restaurant is in excellent condition, offering high-quality food and both dine-in and takeout options. The property features active surveillance cameras inside and outside. Showings are readily available on Mondays, Tuesdays, and Wednesdays before 11:00 a.m., and any time on Sundays. A non-disclosure agreement is required before scheduling a viewing. This is a rare chance to acquire a profitable, turnkey operation in a desirable lakeside location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Total area 1,305 SF
Lot 0.35 ac (15,048 SF)
Zoning code 05 - COMMERCIAL
APN 243489 65.63-1-6.1
UPID US63-4335278

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

3415 Rochester Rd Lakeville, NY 14480-9762
Lakeville metro Census 30702 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Zoning & alternative use

05 - COMMERCIAL · Lakeville, 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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