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Property profile & analytics
FOR LEASE
Turn key restaurants

602 Ridge Rd Webster, NY 14580

9,384 SF 1.4 ac lot Built 1950
Entity Owned 5-yr Hold Free & Clear
Property ID
US63-6072169
Property summary
AI-generated overview

This exceptional 8,549 square foot property, situated on a 1.4-acre lot in Monroe County, presents a unique investment opportunity. Currently zoned for Medium Commercial use, the building previously operated as a 6,802 square foot restaurant and bar, offering significant potential for repurposing. The property boasts ample parking with 100 spaces and convenient access via Gravel Cross Street. The adaptable space is ideal for a variety of uses, including medical facilities, event spaces, restaurants, or offices. The seller is open to leasing the existing structure or collaborating on a build-to-suit project, tailored to the buyer's specific needs. Lease rates are negotiable, providing flexibility for prospective tenants. This versatile property offers a blank canvas for entrepreneurs and investors seeking a prime location in a thriving commercial area. The substantial size and ample parking make it an attractive option for businesses requiring significant space and convenient access for clients and staff. Don't miss this chance to acquire a highly adaptable property with immense potential in a desirable Monroe County location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 9,384 SF
Lot 1.4 ac (60,984 SF)
APN 265489 078.20-1-16
UPID US63-6072169
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Louis Buddy LLC · 5 yrs held
Louis Buddy LLC
since 2020
Last sale
$240,000
3 recorded transactions
2020
$240,000
2013
Price N/A
2006
$480,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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