4520 East Lake Rd - Restaurant FOR SALE


Canandaigua, NY 14424
$675,000 USD
585-490-1141
4520 East Lake Rd, Canandaigua, NY for Sale
$675,000 USD
Restaurant - FOR SALE
1/14
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4520 East Lake Rd
Canandaigua, NY 14424


HIGHLIGHTS

  • -Located in an upscale resort, Canandaigua Lake
  • -Largest outside seating in the area
  • -Turn key operation.
  • -Real estate growth one of the biggest in the c

OVERVIEW

EASTSIDE GRILL & PUB 4520 EAST LAKE RD. CANANDAIGUA, NY (585) 905-3903 WWW.EASTSIDECANANDAIGUA.COM The Eastside Grill & Pub is a unique property located in Canandaigua, one of the largest areas of growth in Upstate New York. It consists of 3 parcels, 4520 East Lake Rd and 4516 East Lake Rd. which are adjacent and 4508 East Lake Rd. -4520 East Lake Rd. The Restaurant is located here-2400 sq ft. Seating inside for 50- Parking along south side for 8 vehicles. -4516 East Lake Rd. Large outside seating area. Covered pavilion with seating for 24. Outside patio with seating for 34. Deck on east side with seating for 10. Covered stage for entertainment. Parking on the east side for 10 vehicles and 3 on the north. -4508 East Lake Rd. 85’ x 150’ parking lot with 30-40 vehicle capacity. Located in one of the fastest growing high-profile areas in Upstate NY. A total turnkey opportunity includes all equipment, furniture, cooking utensils, tableware & glassware. History of Property There has been a restaurant located at 4520 East Lake Rd. for over 60 years. Favorites have come and gone. One of the more recent successful endeavors was Captain Yogi’s Fish Shanty. The pavilion and storage shed were built during this era. Steve and Linda Rohrback purchased the property in 2018, spent time renovating and opened the restaurant in 2019. They survived COVID and were on the rebound when disaster struck- An electrical fire started in the kitchen burned the place down- a complete loss. The restaurant was completely rebuilt. Everything, the building, mechanicals, equipment, and furniture are less than 3 years old. EQUIPTMENT LIST INCLUDED IN SALE KITCHEN AREA -14' CAPTIVEAIRE HOOD AND EXHAUST FAN -CAPTIVEAIRE MAKE UP AIR UNIT -ANSUL R102 FIRE SUPPRESION SYSTEM (2) AVANTCO PREP COOLERS-72x30x42h (2) AVANTCO PREP COOLERS-48x30x36h (2) AVANTCO DOUBLE BASKET FRYERS 16x32x44h - AVANTCO DOUBLE BASKET FRYER 21x32x44h -CPG 3 BURNER FLAT TOP- 36x30- on stand -CPG 3 BURNER GRILL- 36x30- on stand -CPG OVEN WITH 6 BURNER TOP-36x36x38h -TRUE COOLER W/ GLASS DOORS -36x18x54h -HATCO 60" HEAT STRIP FOOD WARMER- with rack -CMA ENERGY MIZER DISHWASHER STATION (2) AVANTCO 2 DOOR COOLERS-54x32x84h -VEVOR ICE MACHINE WITH BIN-22x26x67h -BUNN 2 BURNER COFFEE MAKER -WARING FOOD SLICER -WINCO 4 BAY FOOD WARMER OUTSIDE SHED -DAIRE CHEST FREEZER 24x62x34h BAR AREA -CHANDLER WALK IN COOLER 120x120x120h -ADVANTCO COOLER 48x24x36h-glass doors -TURBOAIR PREP COOLER 28x30x36h -TRUE BEVERAGE COOLER 24x24x40- glass door -ADVANTCO BEVERAGE COOLER- 48x26x36h-top door -8 TAP CHILLMAX GLYCOL CHILLED BEER SYSTEM (2) INSIGNIA 32" TELEVISIONS- wall mounted HEATING/ COOLING/ SECURITY YORK 7.5 TON ROOFTOP UNIT- ducted FUTJITSU HALYCON AC/ HEATER- wall mounted VERMONT CASTINGS GAS FIREPLACE- natural gas NAVIAN INSTANTANIOUS WATER HEATER (4) PROPANE HEATERS FOR PAVILLION ADT ALARM SYSTEM W/ 3 VIDEO CAMERAS FURNITURE LIST INCLUDED IN SALE DINING ROOM (9) SOLID WOOD TABLES 36x36 (36) DINING ROOM CHAIRS (2) TALL CABERNET TBLES 24” DIA. (5) TALL CABERNET STOOLS (10) BARSTOOLS -HOSTESS STAND OUTSIDE AREA (9) PATIO TABLES (26) PATIO CHAIRS (6) PAVILION TABLES (24) PAVILION CHAIRS (1) PICNIC TABLE W/ BENCHES (10) TABLE UMBRELLAS (5) FIRE PIT CHAIRS (1) FIRE PIT- PROPANE NOTED HIGHLIGHTS OF THE PROPERTY -Property in an affluent upscale recreational community. -One of the fastest growing areas in the US. -All 3 properties have deeded lake rights. -Located in Crystal Beach with a dedicated customer -base year-round (many who can walk to the restaurant). Summer/Fall brings seasonal tourism. -On the eastside of Canandaigua Lake, there are no real competitors north for 5 miles and south for 15 miles. -Being 4 miles from of the CMAC Performing Arts concert venue, big pre-show dinner crowd due to ease of getting into the parking area from the south. PROPOSAL INFO LAND/ STRUCTURE APPRAISAL $575,00.00 Rynne, Murphy & Associates, Inc. Yearly Taxes- $6004.77 Gross Income- $600,000.00 yr Asking Price-$675,000.00

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,580 SF

ZONING

5

APN/PARCEL ID

323289-127-081-0001-016-200

ASK ABOUT THIS PROPERTY

Steve RohrbackEastside Grill and PubMore Info
585-490-1141

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Steve RohrbackEastside Grill and PubMore Info
585-490-1141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.