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7 E Main St
Waterloo Township, NY 13165
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,500 SF
Building Class
C
Year Built/Renovated
1955/2013
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.72
Lot Size
0.06 AC
Zoning
05
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
30’ on Main St

AMENITIES

  • Bus Line
  • Signalized Intersection

ABOUT 7 E MAIN ST , WATERLOO TOWNSHIP, NY 13165

This sale represents a tremendous opportunity for an owner/operator or investor to acquire a truly turnkey restaurant building in one of the fastest growing areas in the Finger Lakes! Totaling 4,561 SF of versatile space, the building can occupy 165 people, 49 downstairs and 119 upstairs. Located on Routes 5 and 20, the property benefits from exceptional visibility and access, with over 15,000 vehicles passing each day. All that's left to do is turn on the lights, fire up the grill and open the doors! Over $850,000 in recent renovations and improvement, All FF&E included - over $300,000 in new equipment, Massive hand painted sign on brick with excellent exposure to Routes 5 and 20. With in 6-miles to Del Lago Casino, Waterloo Premium Outlets, and Seneca Lake. Property also For Lease: $3,450/mo. This property is available with 3 options, either For Sale - List Price: $380,000. For Lease - Lease Price: $3,450/mo, OR Business For Sale / Building For Lease: Business Purchase Price with Seller Financing: $200,000, $20,000 Down Payment, Interest Rate 5% - 10 Year Term = $1909.18, Building Lease Price: $1,450. Total monthly payment = $3,359.18

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
453801-010-000-0003-068-000-0000
Land Assessment
$14,400
Improvements Assessment
$40,000
Total Assessment
$54,400
  • Listing ID: 15292035

  • Date on Market: 2/27/2019

  • Last Updated:

  • Address: 7 E Main St, Waterloo Township, NY 13165

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