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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 accommodating 70+ vessels, plus pontoon rentals and PWC docking.
- 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 5,000 SF facility built in 2018, 23 boat slips accommodating over 70 vessels, and $200,000 in included inventory, it’s 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
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,723 SF
Building Class
C
Year Built
2018
Price
$1,359,149 CAD
Price Per SF
$287.77 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
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 (14.82 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Waterfront
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 542600-072-118-0000-574-733-0000 | Improvements Assessment | $418,350 CAD |
| Land Assessment | $139,450 CAD | Total Assessment | $557,800 CAD |
Property Taxes
Parcel Number
542600-072-118-0000-574-733-0000
Land Assessment
$139,450 CAD
Improvements Assessment
$418,350 CAD
Total Assessment
$557,800 CAD
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7147 Lake Bluff Rd
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