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3212 Lake Ave 5,472 SF Retail Building Rochester, NY 14612 $525,000 ($95.94/SF)
INVESTMENT HIGHLIGHTS
- High volume stand-alone diner/restaurant
- 3 Upper apartments for additional income.
- Busy road travelled to reach the nearby Lake
EXECUTIVE SUMMARY
• Long-standing, family-owned diner located in the Charlotte area near Lake Ontario in Rochester, NY.
• The 5,472 square foot building is on 1.09 acres.
• The property includes a restaurant, and three apartments above.
• Operating for 9 years, the diner is open daily from 6 AM to 2 PM, serving breakfast and lunch.
• It has seating for 72 people, and ample parking.
• Asking Price: $525,000 for restaurant and property, or $170,000 just for business (includes $75,000 in fixtures/equipment and $2,500 inventory)
• Sales (2024): $377,740
• Lease: $2,000 a month for restaurant
• Lease: 3 apartments generate income of $2,350 a month
• Hours: 44 hours/week
• Financing: Negotiable for qualified buyers
The diner has consistent sales and profitability, making it a strong opportunity for an owner-operator.
• The 5,472 square foot building is on 1.09 acres.
• The property includes a restaurant, and three apartments above.
• Operating for 9 years, the diner is open daily from 6 AM to 2 PM, serving breakfast and lunch.
• It has seating for 72 people, and ample parking.
• Asking Price: $525,000 for restaurant and property, or $170,000 just for business (includes $75,000 in fixtures/equipment and $2,500 inventory)
• Sales (2024): $377,740
• Lease: $2,000 a month for restaurant
• Lease: 3 apartments generate income of $2,350 a month
• Hours: 44 hours/week
• Financing: Negotiable for qualified buyers
The diner has consistent sales and profitability, making it a strong opportunity for an owner-operator.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,472 SF
Building Class
C
Year Built
1925
Price
$525,000
Price Per SF
$95.94
Business Value
$170,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.31 AC
Zoning
Commercial
Parking
8 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 261400 060.76-1-11.001 | Improvements Assessment | $145,200 |
| Land Assessment | $19,000 | Total Assessment | $164,200 |
PROPERTY TAXES
Parcel Number
261400 060.76-1-11.001
Land Assessment
$19,000
Improvements Assessment
$145,200
Total Assessment
$164,200
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3212 Lake Ave
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