6007 Lk Rd Sodus, NY 14551-9615
This exceptional commercial property, located at 6007 Lake Rd in Sodus, NY, presents a unique investment or owner-user opportunity. The former Cinelli's restaurant, a beloved local establishment, boasts 9,889 square feet of space spread across two buildings and three stories, built in 1950 and renovated in 2008. Situated on a sprawling 15.35-acre lot, this property offers significant potential for redevelopment or repurposing. The property is zoned R and includes three units, one of which is currently leased month-to-month, generating immediate rental income. The asking price is $499,900, translating to $50.55 per square foot. The property is available for occupancy on September 3, 2024. While the current Net Operating Income (NOI) is $0, the expansive grounds and prime location in Sodus, Wayne County (zip code 14551) offer substantial upside for a variety of commercial ventures. The seller is open to considering lease options for qualified tenants with a vision for the property's future. This is a rare chance to acquire a significant waterfront property with substantial development potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
A · Sodus, NYSodus. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.