Property profile

9950 Rochester Rd Middleport, NY 14105

FOR SALE
Theaters & concert halls
Property ID
US63-1695024
4,580 SF 11.83 ac lot Built 1980
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,580 square foot commercial property, situated on an expansive 11.83-acre lot at 9950 Rochester Rd, Middleport, NY, presents a rare opportunity to acquire a well-established and beloved family business. Operating successfully since the 1950s, the Sunset Drive-In offers a turnkey operation, complete with all necessary equipment. The property boasts three movie screens, each with over 200 parking spaces, ensuring ample capacity for patrons. A fully equipped restaurant and ice cream stand are included in the sale, along with all existing equipment. This established business benefits from a loyal customer base and strong brand recognition within the community. The sale includes three movie projectors and a ticket booth, providing all the infrastructure needed for immediate operation. The substantial lot size offers significant potential for future expansion or development. This is a unique opportunity to own a piece of local history and capitalize on a thriving entertainment business. The asking price for this exceptional property is $999,900. This is a rare chance to acquire a profitable, established business with significant potential for growth and continued success. The property is located in Middleport, NY, offering easy access to local amenities and a strong local market.

Property profile

Verified
Property type Theaters & concert halls
Use group DRIVE-IN THEATER
Year built 1980
Total area 4,580 SF
Lot 11.83 ac (515,315 SF)
Zoning code B
APN 293689 100.00-1-1
UPID US63-1695024

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
  • Solar Photovoltaic Power Plant

Location

9950 Rochester Rd Middleport, NY 14105
Middleport metro Census 24001 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

Zoning & alternative use

B · Middleport, 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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