36 Erie StBrockport, NY 14420
- Turn key restaurants
- 4,748 SF
Property Details for 36 Erie St
- Year built
- 1840
- Lot size
- 0.35 AC
- Property size (Sq ft)
- 4,748 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 265201 068.60-1-7
- APU
- 2652010686017
Description
This exceptional 4,690-square-foot retail and restaurant property at 36 Erie Street in Brockport, NY, presents a unique investment opportunity. Completely renovated in 2020, this multi-tenant building boasts a flexible layout with two available spaces ranging from 1,812 to 2,878 contiguous square feet. Ideal for a brewery, restaurant, bar, or event space, the property features a substantial 1,244-square-foot covered outdoor patio and ample parking for 145 vehicles, including additional public parking nearby. The building's layout includes a first-floor space of 2,878 square feet, a first-floor porch/patio of 1,244 square feet, a second-floor space of 1,812 square feet, and a second-floor deck/balcony of 287 square feet. A 2,694-square-foot basement offers additional potential. Located just one block from Main Street, this property benefits from proximity to the Erie Canal and a local university, providing excellent access to a large customer base. The building is zoned as "5" in Monroe County and has a rich history as one of Brockport's longest-standing bar/restaurant locations. The property's brand-new build-out includes complete plumbing and electrical systems. Annual property taxes are $8,990.04. This is a prime opportunity to establish a thriving business in a vibrant and accessible location. The property is ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,195,577
- 6.5%
- $1,103,610
- 7%
- $1,024,780
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,118,873
- Geo Method
- $752,716
-
Alternative Use
- Use
- Valuation
- Residential
- $930,936
- Hospitality
- $852,732
- Educational
- $709,463
- Medical
- $733,863
- Retail
- $1,103,610
Location Insight
- City
- Brockport
- County
- Monroe
- State
- New York
- Latitude
- 43.215
- Longitude
- -77.9404
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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