3711 Main Street RdBatavia, NY 14020

Property Details for 3711 Main Street Rd

Year built

1956

Lot size

2.20 AC

Property size (Sq ft)

3,498 SF

Property type

Turn key restaurants

APN

182400 7.-1-31.1

APU

18240071311

Description

This exceptional 3,498 square foot commercial building presents a fantastic opportunity for a discerning business owner. Ideally suited for a full-service restaurant or diner, the property boasts a recent renovation including new tables, chairs, flooring, and paint. The previous tenant operated a pizza business, leaving the space ready for immediate occupancy. A significant feature is the converted back area, currently an arcade/party room, easily adaptable for separate events or expanded business functions. Ample parking is provided with approximately 75 spaces, ensuring convenient access for customers and staff. The building sits on a generous 2.2-acre lot, offering significant room for future expansion or outdoor seating. High visibility and high traffic counts guarantee excellent exposure for any business. The roof was completely replaced in 2023, eliminating immediate maintenance concerns. This turnkey property combines prime location, recent upgrades, and substantial space, making it an attractive investment in a thriving community. The property's size and features make it suitable for a variety of commercial uses beyond a restaurant, offering flexibility for the new owner. The ample parking and expansive lot provide significant advantages in a competitive market. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $932,719

  6.5%

  $860,971

  7%

  $799,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $843,305

  Geo Method

  $554,549

• Alternative Use

  Use

  Valuation

  Residential

  $726,262

  Hospitality

  $665,252

  Educational

  $553,482

  Medical

  $572,517

  Retail

  $860,971

Location Insight

City

Batavia

County

Genesee

State

New York

Latitude

43.0076

Longitude

-78.2357

CBSA code

12860

CBSA name

BATAVIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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