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Greece Bar/Restaurant- Redevelopment 534 W Ridge Rd 7,422 SF 52% Leased Retail Building Rochester, NY 14615 $1,162,528 CAD ($156.63 CAD/SF)
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
$1,162,528 CAD
Price Per SF
$156.63 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
Space Availability
- Space
- Size
- Space Use
- Position
- Available
5,000 SF bar/restaurant on first floor of building and attached apartments. Corner lot with ample parking, approximately 45+ parking spaces & signalized access along W Ridge Rd (Route 104) with 44,894 VPD.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,000 SF | Restaurant | - | Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 5,000 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
5,000 SF bar/restaurant on first floor of building and attached apartments. Corner lot with ample parking, approximately 45+ parking spaces & signalized access along W Ridge Rd (Route 104) with 44,894 VPD.
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 261400 090.25-1-3.003 | Improvements Assessment | $444,154 CAD |
| Land Assessment | $115,080 CAD | Total Assessment | $559,234 CAD |
Property Taxes
Parcel Number
261400 090.25-1-3.003
Land Assessment
$115,080 CAD
Improvements Assessment
$444,154 CAD
Total Assessment
$559,234 CAD
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Greece Bar/Restaurant- Redevelopment | 534 W Ridge Rd
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