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    OFF-MARKET
    Drive through restaurants

    674 Rdg Rd, Rochester, NY 14615

    1,412 SF 0.2 ac lot Built 1940
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US63-4093583
    Property summary
    AI-generated overview

    This exceptional office building, located at 674 W Ridge Rd in Rochester, NY, presents a compelling investment opportunity. The property boasts a substantial 2,824 square feet of well-maintained office space, ideal for a variety of businesses. Situated on a conveniently sized 0.2-acre lot, the building offers ample parking and potential for future expansion or outdoor amenities. The asking price is $575,000, representing a strong value in the current market. The building's address in Rochester provides excellent access to major transportation routes, ensuring easy commutes for employees and clients. The property is ready for immediate occupancy, allowing for a seamless transition for any new owner. This is a rare opportunity to acquire a well-located, sizable office building in a thriving Rochester neighborhood. The building's size and layout offer flexibility for various configurations, catering to diverse business needs. Serious inquiries are encouraged to explore this promising investment prospect further. Detailed property information and floor plans are available upon request. Don't miss this chance to secure a prime commercial property in a desirable Rochester location. The property is offered as-is.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1940
    Total area 1,412 SF
    Lot 0.2 ac (8,670 SF)
    APN 261400 075.81-1-93
    UPID US63-4093583
    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
    Current use
    Occupant on record · Public records
    • Donuts Delite Bakery Discount Store
    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
    Semeraro Enterprises LLC · 4 yrs held
    Semeraro Enterprises LLC
    since 2021
    Last sale
    $500,000
    3 recorded transactions
    2021
    $500,000
    2017
    $150,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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