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7147 Lake Bluff Rd
Wolcott, NY 14590
Retail Property For Sale
Investment Highlights
- Iconic waterfront destination on Sodus Bay featuring a modern 5,000 SF restaurant and bar built in 2018
- Dual revenue opportunity with restaurant and slip rental income and a possible third with special event revenue.
- Legacy Brand: 125+ years of hospitality history provides instant market recognition and customer loyalty
- Thriving marina with 23 slips and room to grow up to 70
- Additional land across Lake Bluff Road ideal for parking, boat storage, or RV park expansion
- Prime location minutes from Finger Lakes wine country, Chimney Bluffs State Park, and direct Lake Ontario access.
Executive Summary
Pier Fifty-Three offers a rare chance to own a premier waterfront destination on Sodus Bay. Priced at $999,000, this iconic property blends a thriving seasonal restaurant, open-air bar, and full-service marina into one turnkey investment. With a modern 3390 SF facility built in 2018, 23 boat slips with room to grow and accommodate over 70 vessels. It’s turnkey and ready for immediate operation. Guests enjoy wood-fired dining, a lively sports bar, and established summer entertainment programming, all against the backdrop of 300+ feet of prime waterfront.
Beyond its current success, Pier Fifty-Three presents expansion opportunities with an additional parcel across Lake Bluff Road, year-round operational infrastructure, and potential for boat sales or recreational enhancements. Just minutes from Finger Lakes wine country, Chimney Bluffs State Park, and direct Lake Ontario access, this property combines legacy brand recognition with multiple income streams. For investors, operators, or entrepreneurs, it’s a lifestyle business with significant upside and enduring appeal.
Beyond its current success, Pier Fifty-Three presents expansion opportunities with an additional parcel across Lake Bluff Road, year-round operational infrastructure, and potential for boat sales or recreational enhancements. Just minutes from Finger Lakes wine country, Chimney Bluffs State Park, and direct Lake Ontario access, this property combines legacy brand recognition with multiple income streams. For investors, operators, or entrepreneurs, it’s a lifestyle business with significant upside and enduring appeal.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,390 SF
Building Class
C
Year Built
2018
Price
$1,409,289 CAD
Price Per SF
$415.72 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.52 AC
Zoning
Resort - Resort Zoning allows for a wide variety of Commercial and residential uses including the existing and proposed uses of the property.
Parking
70 Spaces (20.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Waterfront
Property Taxes
| Parcel Number | 542600-072-118-0000-574-733-0000 | Improvements Assessment | $423,210 CAD |
| Land Assessment | $141,070 CAD | Total Assessment | $564,280 CAD |
Property Taxes
Parcel Number
542600-072-118-0000-574-733-0000
Land Assessment
$141,070 CAD
Improvements Assessment
$423,210 CAD
Total Assessment
$564,280 CAD
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