602 Ridge RdWebster, NY 14580

This exceptional redevelopment opportunity in Webster, NY, presents a unique chance to transform a prominent 14,565 square-foot property. Located at 602 Ridge Road, this former restaurant boasts high visibility due to its corner location and traffic light. The expansive space, previously occupied by the Jade Palace, offers significant potential for various uses, including restaurants, banquet halls, commercial ventures, retail establishments, medical facilities, or office spaces. The property's MC (Medium-Intensity Commercial) zoning allows for diverse development options. The substantial 1.4-acre lot provides ample parking for any future use. An adjacent 0.96-acre vacant parcel at 1016 Mura Lane is also available for purchase separately, presenting an opportunity to expand the site's development potential. This location benefits from the Town of Webster's active pursuit of redevelopment and rehabilitation within the West Webster Hamlet, aligning with their pending application for Restore NY funding assistance from New York State. The Town aims to identify potential partners before their December 20, 2024 funding request submission. This presents a timely opportunity to capitalize on this prime location and potential funding assistance. The property is priced at $350,000, offering a compelling investment prospect. The adjacent parcel is available for an additional $125,000.