Property profile

6 Victor Mendon Rd Mendon, NY 14506

OFF-MARKET
Investment properties
Property ID
US63-0116410
2,782 SF 0.47 ac lot Built 1965
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,782 square foot restaurant space, previously a thriving pizza and sub shop, presents a remarkable opportunity for a seasoned operator. Located at 6 Victor Mendon Rd in the Hamlet of Mendon, within the Greater Rochester submarket, this single-tenant property sits on a half-acre lot (0.5 acres) and boasts ample parking with 10 spaces. The property is conveniently situated on Route 64, ensuring high visibility and accessibility. All existing fixtures, furniture, and equipment are included in the lease, representing a significant cost savings for the new tenant. This comprehensive inventory includes tables and chairs, a walk-in cooler, various prep tables, dough mixers, sheet racks, a sandwich prep table, fryers, a Vulcan commercial range and flat top, and two large hood systems. The property taxes are $2.50 per square foot. This turnkey operation eliminates the need for extensive upfront investment in equipment and allows for immediate commencement of business. The ideal candidate will possess experience in the quick-service restaurant (QSR) industry and a vision to capitalize on this prime location and existing infrastructure. Don't miss this chance to establish or expand your restaurant business in a vibrant and accessible community.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1965
Total area 2,782 SF
Lot 0.47 ac (20,473 SF)
Zoning code RS
APN 263689 216.07-1-16.1
UPID US63-0116410

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

6 Victor Mendon Rd Mendon, NY 14506-9727
Mendon metro Census 12402 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2023
Last sale
$280,000
5 recorded transactions
2023
$280,000
2022
Price N/A
2010
$160,000
2007
$133,949
2005
$150,000

Zoning & alternative use

RS · Mendon, 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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