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1517 Empire Blvd

8,353 SF Retail Building Webster, NY 14580 $1,150,000 ($138/SF)

Investment Highlights

  • Excellent location with strong demographics and high traffic counts.
  • Set up as a operating restaurant bar with live music.
  • Outdoor seating with patio in front
  • Abundant parking on site.
  • Additional space in the building to add other complimentary businesses.

Executive Summary

Owner will hold the note for seller financing with a strong down payment with reasonable interest rate and terms!
Existing restaurant with bar, stage and kitchen with Ansul Exhaust hood and equipment. Full basement below with walk in coolers and a secondary egress stairway in basement. Business has been profitable, however tenant is planning relocate.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,353 SF
Building Class
C
Year Built/Renovated
1980/2000
Price
$1,150,000
Price Per SF
$138
Tenancy
Single
Building Height
2 Stories
Building FAR
0.08
Land Acres
2.30 AC
Zoning
LB
Parking
70 Spaces (8.38 Spaces per 1,000 SF Leased)
Frontage
102 FT on Empire Blvd

Amenities

  • Restaurant
  • Monument Signage
  • Air Conditioning

Nearby Major Retailers

Northwest Bank
The YMCA
Chase
KeyBank
Starbucks
Tim Hortons
Burn Boot Camp
Citizens Bank
Orangetheory Fitness
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
264200-108-060-0001-005-000
Land Assessment
$319,800
Improvements Assessment
$350,700
Total Assessment
$670,500
  • Listing ID: 30358188

  • Date on Market: 12/13/2023

  • Last Updated:

  • Address: 1517 Empire Blvd, Webster, NY 14580

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