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Property profile & analytics
FOR SALE
Turn key restaurants

850 E Ridge Rd Rochester, NY 14617

5,532 SF 1.1 ac lot Built 1980
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-2371675
Property summary
AI-generated overview

This exceptional mixed-use property presents a rare redevelopment opportunity in the heart of Irondequoit's thriving retail center. Located at 850 East Ridge Road, Rochester, NY 14617, this 1.1-acre site boasts a 5,532 square foot, two-story building currently at 100% occupancy. The property benefits from a highly desirable C Business zoning designation, opening doors to a multitude of development possibilities. Its strategic location directly adjacent to major retailers such as Walmart, Tops Plaza, and McDonald's ensures exceptional visibility and high foot traffic. The site's convenient access to Route 104 via East Ridge Road provides two points of ingress and egress, capitalizing on the impressive daily traffic count exceeding 21,309 vehicles. This presents an unparalleled chance to capitalize on a prime location with significant potential for increased return on investment. The existing building consists of one structure with a total of 5,532 square feet. This is a truly unique opportunity for investors seeking a high-impact commercial development project in a bustling retail environment. Don't miss this chance to acquire a property with such strong potential for growth and profitability in a highly sought-after location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 5,532 SF
Lot 1.1 ac (47,916 SF)
Zoning code 05 - COMMERCIAL
APN 263400 091.07-1-71
UPID US63-2371675
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
  • Sun’s Mongolian Restaurant
  • Nashville Spicy Chicken Restaurant
  • Mochinut Irondequoit Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
China Red LLC · 19 yrs held
China Red LLC
since 2007
4 recorded transactions
2017
Price N/A
2007
$574,282
1969
Price N/A
1969
Price N/A
Zoning & alternative use
05 - COMMERCIAL · Rochester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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