384 East AveRochester, NY 14607
- Retail properties
- 10,099 SF
Property Details for 384 East Ave
- Year built
- 1957
- Lot size
- 0.68 AC
- Property size (Sq ft)
- 10,099 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional Class A retail investment opportunity presents a fully occupied, 10,099 square-foot restaurant and catering operation located at 384 East Avenue in Rochester, New York's vibrant East End entertainment district. Built in 1957 and extensively renovated in 2023, this single-story building sits on a 0.68-acre lot and enjoys 100% occupancy under a triple-net (NNN) lease, ensuring long-term stability for the investor. The property features a spacious interior including a ballroom, central bar, and an additional bar perfect for private events, accommodating gatherings from 25 to over 125 guests. Two private outdoor patios with fireplaces enhance the property's appeal. The current tenant, JoLi, is a thriving private event and catering company with an on-site take-out kitchen. Benefiting from its adjacency to the new 126-room Courtyard by Marriott hotel, this location offers high visibility and significant foot traffic. Its proximity to the Central Business District and over 4.5 million square feet of office space guarantees a consistent stream of potential customers. This stabilized investment presents a rare opportunity to acquire a thriving business in a prime location. The property's strong tenant, desirable location, and secure lease structure make it an attractive addition to any portfolio.
Location Insight
- City
- Rochester
- County
- Monroe
- State
- New York
- Latitude
- 43.1552
- Longitude
- -77.5944
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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