36 Erie StBrockport, NY 14420

For Lease
$10/SF/YR View listing
  • 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
36 Erie St, Brockport, New York

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$45,000
$350,000
$395,000
-
$48,384
$376,316
$424,700

FAQs

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