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534 W Ridge Rd
Rochester, NY 14615
Greece Bar/Restaurant- Redevelopment · Retail Property For Sale
Investment Highlights
- 45+ Parking spaces
- Signalized access
- Less than 3 miles from Greece Ridge Mall
- 44,894 VPD along Route 104 (W Ridge Rd)
Executive Summary
Excellent investment opportunity and potential development site. Two parcels with a combined acreage of 0.68 acres, includes existing 7,422 SF restaurant & bar (The French Quarter), attached fully leased apartments (3) and 0.11-acre vacant lot located across the street. Strategic location situated at signalized intersection of West Ridge Rd/Route 104 (44,894 VPD) & Eastman Ave., less than 3 miles (7-minute drive) from Greece Ridge Mall and the main Greece retail corridor. The restaurant has ample parking with large parking lot offering approximately 45+/- spaces. Zoning C-3: Regional Destination Center (Light Industrial & Mixed-Use).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,422 SF
Building Class
C
Year Built
1950
Price
$1,158,499 CAD
Price Per SF
$156.09 CAD
Percent Leased
52%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.25
Lot Size
0.68 AC
Opportunity Zone
Yes
Zoning
C - Commercial C-3: Regional destination Center (Light industrial and Mixed-used).
Parking
36 Spaces (4.85 Spaces per 1,000 SF Leased)
Frontage
66’ on Ridge Rd
Property Taxes
| Parcel Number | 261400 090.25-1-3.003 | Improvements Assessment | $441,865 CAD |
| Land Assessment | $114,487 CAD | Total Assessment | $556,352 CAD |
Property Taxes
Parcel Number
261400 090.25-1-3.003
Land Assessment
$114,487 CAD
Improvements Assessment
$441,865 CAD
Total Assessment
$556,352 CAD
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