Property profile

730 Elmgrove Rd Rochester, NY 14624

OFF-MARKET
Turn key restaurants
Property ID
US63-5924595
8,040 SF 1.13 ac lot Built 1975
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully remodeled, turnkey restaurant and bar spanning over 11,790 square feet. Strategically located on Elmgrove Road in Gates, NY, this property boasts 200 feet of high-traffic road frontage, ensuring excellent visibility and accessibility. Situated next to a newer strip plaza, the building benefits from a strong commercial environment. The property includes a newly remodeled dining area with seating for approximately 24 patrons, and a bar area featuring an outdoor patio with additional seating for roughly 24 guests. A dedicated banquet room is also available for private events. The extensive parking lot accommodates approximately 70 vehicles. The building sits on a 1.13-acre lot. Significant recent improvements include a complete roof tear-off approximately seven years ago, and three out of four HVAC units have been replaced within the last seven years. The property also includes three coolers, two located upstairs and one downstairs, within one of the two basements. This is a rare opportunity to acquire a well-maintained, high-potential commercial property in a prime location. The combination of its size, recent renovations, and excellent location makes this a truly compelling investment.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Total area 8,040 SF
Lot 1.13 ac (49,223 SF)
Zoning code 05 - COMMERCIAL
APN 262600 103.19-1-4.11
UPID US63-5924595

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

730 Elmgrove Rd Rochester, NY 14624-1318
Rochester metro Census 14204 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2026
Last sale
$495,000
7 recorded transactions
2026
Price N/A
2022
$495,000
2017
Price N/A
2010
Price N/A
2008
$315,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

05 - COMMERCIAL · 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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