Property profile

3711 Main St Rd Batavia, NY 14020

OFF-MARKET
Turn key restaurants
Property ID
US63-0136352
3,498 SF 2.2 ac lot Built 1956
Individually Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,498 square foot commercial building presents a fantastic opportunity for a discerning business owner. Ideally suited for a full-service restaurant or diner, the property boasts a recent renovation including new tables, chairs, flooring, and paint. The previous tenant operated a pizza business, leaving the space ready for immediate occupancy. A significant feature is the converted back area, currently an arcade/party room, easily adaptable for separate events or expanded business functions. Ample parking is provided with approximately 75 spaces, ensuring convenient access for customers and staff. The building sits on a generous 2.2-acre lot, offering significant room for future expansion or outdoor seating. High visibility and high traffic counts guarantee excellent exposure for any business. The roof was completely replaced in 2023, eliminating immediate maintenance concerns. This turnkey property combines prime location, recent upgrades, and substantial space, making it an attractive investment in a thriving community. The property's size and features make it suitable for a variety of commercial uses beyond a restaurant, offering flexibility for the new owner. The ample parking and expansive lot provide significant advantages in a competitive market. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a desirable location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Total area 3,498 SF
Lot 2.2 ac (95,832 SF)
APN 182400 7.-1-31.1
UPID US63-0136352

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
  • Charitable Organization
  • Restaurant

Location

3711 Main St Rd Batavia, NY 14020-9413
Batavia metro Census 950401 BATAVIA, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2014
4 recorded transactions
2014
$362,500
2008
Price N/A
2007
Price N/A
2006
$275,000

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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