Property profile

607 Coldwater Rd Rochester, NY 14624

FOR SALE
Turn key restaurants
Property ID
US63-5748589
7,584 SF 1 ac lot Built 1850
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity in Rochester, NY, presents a unique chance to acquire a fully operational establishment. Located at 607 Coldwater Rd, this property boasts 7,584 square feet of net rentable space spread across two stories within a single building situated on a one-acre lot. The building, a former train station, offers a charming and historic ambiance, featuring beautiful hardwood bars, multiple dining areas, and portions with high ceilings, creating a versatile space ideal for various concepts. A fully equipped kitchen is included, complete with a hood/vent system and walk-in coolers, ensuring a smooth transition for new owners. The property also includes a dedicated parking lot and an outdoor patio, providing ample space for customer convenience. Priced at $350,000 ($46.15/sq ft), this vacant property is ready for immediate occupancy and presents significant potential for a brewery, event space, or other restaurant concepts. The property's prime location and extensive features make it an attractive investment opportunity. The building's history and unique character add to its appeal, offering a distinct advantage in the competitive Rochester market. This is a rare chance to acquire a well-equipped and established restaurant space with significant upside potential.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1850
Total area 7,584 SF
Lot 1 ac (43,560 SF)
Zoning code 06 - INDUSTRIAL
APN 262600 133.10-1-28
UPID US63-5748589

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

607 Coldwater Rd Rochester, NY 14624
Rochester metro Census 14202 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2004
2 recorded transactions
2004
$103,400
1969
Price N/A

Zoning & alternative use

06 - INDUSTRIAL · Rochester, 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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