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.