61 Main StHoneoye Falls, NY 14472
- Showrooms
- 9,882 SF
Property Details for 61 Main St
- Year built
- 1965
- Lot size
- 0.42 AC
- Property size (Sq ft)
- 9,882 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Showrooms
- APN
- 263601 228.08-2-23
- APU
- 26360122808223
Description
This exceptional restaurant and event venue, located at 61 N Main St in Honeoye Falls, NY 14472, presents a unique investment opportunity. The property boasts a flexible footprint ranging from 3,250 to 5,000 square feet, making it suitable for a variety of culinary concepts and event sizes. The space features a fully equipped, turnkey kitchen with all furniture, fixtures, and equipment (FFE) included, eliminating the need for significant upfront investment. The open kitchen design seamlessly integrates with the spacious dining area, comfortably accommodating 50+ guests. Beyond the interior, the property offers significant outdoor space. A charming patio provides seating for over 20 patrons, while a picturesque backyard courtyard situated along the banks of Honeoye Creek Lower Falls creates an idyllic setting for weddings, showers, and other special events. This prime location in Honeoye Falls, New York, offers high visibility and accessibility, ensuring a strong potential for success. The property is offered as a single-tenant lease. This is a rare opportunity to acquire a well-established and highly desirable restaurant and event space in a thriving community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,345,793
- 6.5%
- $2,165,347
- 7%
- $2,010,680
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,275,060
- Geo Method
- $1,566,625
-
Alternative Use
- Use
- Valuation
- Residential
- $1,826,552
- Hospitality
- $1,673,111
- Educational
- $1,392,009
- Medical
- $1,439,882
- Retail
- $2,165,347
Location Insight
- City
- Honeoye Falls
- County
- Monroe
- State
- New York
- Latitude
- 42.956
- Longitude
- -77.5887
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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