602 Ridge Rd - Restaurant FOR SALE


Webster, NY 14580
$350,000 USD
585-315-8161
602 Ridge Rd, Webster, NY for Sale
$350,000 USD
Restaurant - FOR SALE
1/53
null | Request Cap Rate

602 Ridge Rd
Webster, NY 14580


OVERVIEW

Prime Redevelopment Opportunity in Webster NY Positioned on a highly visible corner at 602 Ridge Rd, this 9,000+ square-foot former restaurant space, previously known as the Jade Palace, offers extensive potential for transformation into a restaurant, banquet center, or versatile commercial, retail, or office development. The property, zoned as MC (Medium-Intensity Commercial), sits on approximately 1.4 acres, providing ample parking. This prime location can accommodate a wide range of uses, such as restaurants, medical clinics, and recreational facilities, making it an attractive investment for developers looking to capitalize on West Webster’s growth. Adding further value to this opportunity, the adjacent vacant parcel at 1016 Mura Lane (0.96 acres) is also available for purchase separately for $125,000, offering expanded possibilities for site development. The Town of Webster is actively seeking partners for the redevelopment/rehabilitation of properties within the West Webster Hamlet to accompany the Town’s pending application for Restore NY funding assistance from New York State. The Town will be submitting its funding request by December 20, 2024, and would like to identify potential partners as soon as possible. For more information contact Josh Artuso at the Town of Webster Department of Community Development. https://www.websterny.gov/611/West-Webster-Hamlet Whether reimagined as a dining destination, community space, or office complex, this property is poised to contribute to the growing commercial landscape of West Webster. Don’t miss the chance to shape the future of this dynamic area.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$41 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Webster Commercial Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

MC

APN/PARCEL ID

265489-078-200-0001-016-000

ASK ABOUT THIS PROPERTY

Christopher PasseroPassero Realty Services LLCMore Info
585-315-8161

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Christopher PasseroPassero Realty Services LLCMore Info
585-315-8161

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