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Webster Commercial Opportunity 602 Ridge Rd 9,384 SF Vacant Retail Building Webster, NY 14580 $350,000 ($37.30/SF)

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EXECUTIVE SUMMARY

Prime Redevelopment Opportunity in Webster NY
Positioned on a highly visible corner at 602 Ridge Rd, this 9,000+ square-foot former restaurant space, previously known as the Jade Palace, offers extensive potential for transformation into a restaurant, banquet center, or versatile commercial, retail, or office development. The property, zoned as MC (Medium-Intensity Commercial), sits on approximately 1.4 acres, providing ample parking. This prime location can accommodate a wide range of uses, such as restaurants, medical clinics, and recreational facilities, making it an attractive investment for developers looking to capitalize on West Webster’s growth.
Adding further value to this opportunity, the adjacent vacant parcel at 1016 Mura Lane (0.96 acres) is also available for purchase separately for $125,000, offering expanded possibilities for site development.
The Town of Webster is very interested in the redevelopment/rehabilitation of properties within the West Webster Hamlet. See website for more info https://www.websterny.gov/611/West-Webster-Hamlet
Whether reimagined as a dining destination, community space, or office complex, this property is poised to contribute to the growing commercial landscape of West Webster. Don’t miss the chance to shape the future of this dynamic area.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,384 SF
Building Class
C
Year Built
1950
Price
$350,000
Price Per SF
$37.30
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
1.40 AC
Zoning
MC - Medium Commercial
Parking
60 Spaces (6.39 Spaces per 1,000 SF Leased)
Frontage
109’ on Ridge Rd

AMENITIES

  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 6,802 SF
  • Retail
  • -
  • Now

6800 SF former Restaurant/Bar that is waiting for the next user. Bring your ideas! Owner is open to leasing existing building or demolishing and doing a Build to Suit. Event Space, Restaurant, Medical, Office-Anything is possible. Lease Rate is negotiable.

Space Size Space Use Position Available
1st Floor 6,802 SF Retail - Now

1st Floor

Size
6,802 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 6,802 SF
Space Use Retail
Position -
Available Now

6800 SF former Restaurant/Bar that is waiting for the next user. Bring your ideas! Owner is open to leasing existing building or demolishing and doing a Build to Suit. Event Space, Restaurant, Medical, Office-Anything is possible. Lease Rate is negotiable.

NEARBY MAJOR RETAILERS

CrossFit
Wegmans
Chase
Applebee's
Planet Fitness
Starbucks
Citizens
The YMCA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
265489-078-200-0001-016-000
Land Assessment
$143,800
Improvements Assessment
$31,201
Total Assessment
$175,001
  • Listing ID: 33492271

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 602 Ridge Rd, Webster, NY 14580

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