1 Public SqHolley, NY 14470

Property Details for 1 Public Sq

Year built

2014

Lot size

0.15 AC

Property size (Sq ft)

3,213 SF

Zone code

C1

Property type

Turn key restaurants

APN

343201 88.21-1-40.1

APU

34320188211401

Description

This meticulously renovated (2014) historic building at 1 Public Square in Holley, NY, presents a unique investment opportunity. Spanning 14,000 square feet on a 0.15-acre lot, the property boasts a thriving, turn-key restaurant on the first floor encompassing 3,500 square feet. The restaurant includes all furniture, fixtures, and equipment, and is complemented by a 600-square-foot office. A full 3,500-square-foot basement offers ample storage and additional functional space for the restaurant. Upstairs, four luxurious "executive suite" apartments of varying sizes and layouts provide significant income potential. These apartments feature spacious living areas, high ceilings, abundant natural light, and in-unit laundry. One fully accessible unit is conveniently located on the first floor. Situated in the heart of Holley village, this prime location offers easy access to local amenities and businesses. The property's versatility allows for continued operation of the existing restaurant and office space, or the potential for conversion to other commercial uses. This is a rare chance to acquire a piece of history while establishing a thriving business or generating substantial rental income. The asking price is $799,900.

• CAP approach

  CAP return

  Valuation

  6%

  $809,056

  6.5%

  $746,821

  7%

  $693,477

• Comparable approach

  Method

  Valuation

  Relative Method

  $757,149

  Geo Method

  $509,367

• Alternative Use

  Use

  Valuation

  Residential

  $629,972

  Hospitality

  $577,051

  Educational

  $480,099

  Medical

  $496,611

  Retail

  $746,821

Location Insight

City

Holley

County

Orleans

State

New York

Latitude

43.2242

Longitude

-78.0247

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].