5609 Main Street RdBatavia, NY 14020

Property Details for 5609 Main Street Rd

Year built

1935

Lot size

1.20 AC

Property size (Sq ft)

678 SF

Property type

Bars

Property subtype

Pubs

APN

184400 8.-1-9

APU

184400819

Description

This established tavern, located at 5609 E Main Street Rd in Batavia, NY, presents a fantastic investment opportunity. The 1,140 square foot building sits on a spacious 1.2-acre lot, offering ample parking and potential for expansion. The property boasts numerous recent updates, including a newly remodeled bathroom, a 12-year-old roof, and a 2017 forced air furnace. Public water service is connected. Inside, the cozy bar area comfortably seats over 20 patrons. A small kitchen is included, along with a full walk-out basement providing additional storage or potential for development. A security system is in place for added peace of mind. The large rear deck offers significant outdoor seating potential, perfectly complementing the existing indoor space. This prime location, conveniently situated between Batavia and LeRoy, benefits from high visibility on Route 5 and offers a unique opportunity to own a piece of Genesee County history. The property is priced at $250,000. Don't miss this chance to own a thriving business with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $170,726

  6.5%

  $157,593

  7%

  $146,336

• Comparable approach

  Method

  Valuation

  Relative Method

  $159,772

  Geo Method

  $107,486

• Alternative Use

  Use

  Valuation

  Residential

  $132,936

  Hospitality

  $121,768

  Educational

  $101,310

  Medical

  $104,794

  Retail

  $157,593

Location Insight

City

Batavia

County

Genesee

State

New York

Latitude

42.9867

Longitude

-78.1111

CBSA code

12860

CBSA name

BATAVIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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