60 Main StBatavia, NY 14020

Property Details for 60 Main St

Year built

1978

Lot size

0.07 AC

Property size (Sq ft)

3,210 SF

Property type

Turn key restaurants

APN

180200 84.049-1-51

APU

18020084049151

Description

This 3,210 square foot, Class B retail property located at 60 Main Street in Batavia, New York, is available for sale or lease. The building, constructed in 1970 and extensively renovated in 2018, sits on a 3,049 square foot lot and is zoned for commercial retail use. Currently vacant, this single-tenant space offers a fully equipped kitchen featuring burners, a griddle, hood system, dishwashing station, fire suppression system, and ample refrigeration. The dining area includes a horseshoe bar and expansive open seating. A fenced patio provides additional outdoor seating with convenient street access from Main Street. The property boasts updated utilities throughout and offers excellent visibility overlooking the central business and retail district. Its ideal use is as a restaurant, banquet hall, or service-based retail establishment. Access is also available via the Batavia Mall. The property's APN is 180200-084-049-0001-051-000. This is a NNN lease.

• CAP approach

  CAP return

  Valuation

  6%

  $808,305

  6.5%

  $746,128

  7%

  $692,833

• Comparable approach

  Method

  Valuation

  Relative Method

  $756,444

  Geo Method

  $508,892

• Alternative Use

  Use

  Valuation

  Residential

  $629,387

  Hospitality

  $576,515

  Educational

  $479,654

  Medical

  $496,150

  Retail

  $746,128

Location Insight

City

Batavia

County

Genesee

State

New York

Latitude

42.9979

Longitude

-78.1835

CBSA code

12860

CBSA name

BATAVIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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