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Property profile & analytics
OFF-MARKET
Turn key restaurants
60 Main St, Batavia, NY 14020-2109
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-1315737
Property summary
AI-generated overview
This 3,210 square foot, Class B retail property located at 60 Main Street in Batavia, New York, is available for sale or lease. The building, constructed in 1970 and extensively renovated in 2018, sits on a 3,049 square foot lot and is zoned for commercial retail use. Currently vacant, this single-tenant space offers a fully equipped kitchen featuring burners, a griddle, hood system, dishwashing station, fire suppression system, and ample refrigeration. The dining area includes a horseshoe bar and expansive open seating. A fenced patio provides additional outdoor seating with convenient street access from Main Street. The property boasts updated utilities throughout and offers excellent visibility overlooking the central business and retail district. Its ideal use is as a restaurant, banquet hall, or service-based retail establishment. Access is also available via the Batavia Mall. The property's APN is 180200-084-049-0001-051-000. This is a NNN lease.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1978
Total area
3,210 SF
Lot
0.07 ac (3,049 SF)
APN
180200 84.049-1-51
UPID
US63-1315737
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Leons Genesee Street LLC · 2 yrs held
Leons Genesee Street LLC
since 2023
Last sale
$170,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Batavia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Batavia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$265,000
Assessed 2023
Previous assessed
$265,000
+0.0% YoY
Assessed land
$25,000
Assessed improvement
$240,000
Land market value
$25,773
Improvement market value
$247,423
Total market value
$273,196
Applied tax rate
180,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1978
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
3,210 SF
Lot
0.07 ac (3,049 SF)
APN
180200 84.049-1-51
UPID
US63-1315737
Jurisdiction
GENESEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Leons Genesee Street LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6 ALVA PL, BATAVIA, NY 14020-2103
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2023
$170,000
Leons Genesee Street LLC
113 Of Batavia INC
Deed
—
Jan 21, 2014
—
Robert Burns
Laughing Dog Enterprises,
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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