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    OFF-MARKET
    Turn key restaurants

    363 Goodman St, Rochester, NY 14607-3104

    4,630 SF 0.07 ac lot Built 1904
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US63-5864573
    Property summary
    AI-generated overview

    This exceptional, multi-use property located at 363 S Goodman St, Rochester, NY 14607, presents a unique investment opportunity. The 4,630 square foot building, zoned C-2 Bar Restaurant, is situated on a 0.35-acre lot and boasts a prime location in the Upper Monroe submarket, specifically within the Pear-Meigs-Monroe cluster. The address is conveniently located near Monroe Ave. The property features a two-story building with a recently installed full bar upstairs. All necessary equipment is included, ensuring a seamless transition for a new owner. A significant advantage is the inclusion of adjacent parking lots, addressing a common challenge in high-traffic areas. The building currently operates as a popular bar, restaurant, and nightclub, establishing a proven track record and strong potential for continued success. The property's multiple spaces offer flexibility for various uses, catering to diverse business needs. This turnkey operation provides an immediate opportunity to capitalize on an established business with existing infrastructure and clientele. The property's size and location make it ideal for expansion or adaptation to suit a variety of concepts within the permitted zoning. This is a rare chance to acquire a well-established and profitable business in a desirable Rochester location.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1904
    Total area 4,630 SF
    Lot 0.07 ac (2,964 SF)
    APN 261400 121.58-1-7.001
    UPID US63-5864573
    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
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    Owner & transaction history
    373 Goodman LLC · 8 yrs held
    373 Goodman LLC
    since 2017
    2 recorded transactions
    2017
    $403,000
    2007
    $395,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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