1843 Penfield Rd - Restaurant FOR SALE


Penfield, NY 14526
$790,000 USD
585-208-7562
1843 Penfield Rd, Penfield, NY for Sale
$790,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

1843 Penfield Rd
Penfield, NY 14526


HIGHLIGHTS

  • Strong demographics
  • Strong traffic counts
  • Full basement with rest rooms
  • Abundant parking +60 vehicles
  • Ideal for office, retail or restaurant use
  • Well constructed building with many uses

OVERVIEW

Prime commercial real estate for sale in the heart of the Penfield Four Corners Business District. Formerly built as a bank, this building is ideal for commercial retail, restaurant or offices. There is parking for approximately 60 vehicles. Traffic counts are approximately 34,000 vehicles per day. Great monument signage in front of the building. Currently operating as a restaurant including an Ansul exhaust hood. There is a full basement with two stairways for egress (3800 SF). This basement space was permitted to be usable when constructed. It is approximately 3000 SF usable. There are rest rooms, break room and offices on this lower level. Other uses listed below. (There is a vault on the main level). Flexible on price and terms. Zoning Code: https://ecode360.com/29271869 Below is the most current list of conditionally permitted uses: C. Conditional Uses. The following uses may be permitted once the required conditional use permit and any other required approvals have been approved. 1) Retail stores 2) Restaurants ( sit-down or take out) 3) Personal service salons and shops ( e.g., barber shops, hair salon, aesthetics salon, etc.) 4) Professional and medical offices 5) Financial institutions 6) Gasoline service station, without vehicle repair 7) Places of worship 8) K-12 schools (private and public) 9) Childcare and nursery schools 10) Instructional schools for dance, music, trades, tutoring and other skill -building training programs 11) Photo studios, art galleries and similar 12) Senior living facilities, including skilled nursing facilities 13) Residential structures 14) Off-street parking lots 15) Combinations of conditionally permitted residential and non-residential uses 16) Other uses determined by the Town Board to be compatible with, and/or similar to, the conditional uses outlined above and consistent with the priorities of the Four Comers District and the Town' s current adopted Comprehensive Plan. Uses approved under this provision require a public hearing to be conducted before the conditional use permit can be issued. Additionally, the new regulations contain provisions for the administrative review process, when the change in owner/occupant/tenant allows for them to be utilized.

FOR SALE DETAILS

PRICE

$790,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bank, Storefront Retail/Office, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

Commercial

APN/PARCEL ID

264200-139-060-0004-009-000

ASK ABOUT THIS PROPERTY

Michael QuinnRE/MAX PlusMore Info
585-208-7562

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Michael QuinnRE/MAX PlusMore Info
585-208-7562

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.