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    175 Lyell Avenue Rochester, NY 14608

    Sponsored
    For Sale
    $900,000

    Rochester medical/community center redevelopment

    Property size:
    27,007 SF

    Description

    Added:
    Jan 8, 2025
    Days on Market:
    364
    This 27,007 square foot building at 175 Lyell Avenue, Rochester, NY 14608, presents a unique redevelopment opportunity. Currently vacant, this property offers significant potential for conversion into a modern medical or community service facility. Located in a C-2 Community Center District, the site is zoned for a diverse range of uses, including adult, child, and group family daycare; on-site cannabis lounges; bed-and-breakfasts; veterinary hospitals; health clubs; retail; office; restaurant; and bars. The 0.62-acre lot provides ample parking, and a new roof ensures year-round buildout. The property benefits from its location on a bus line and at a signalized intersection, ensuring high visibility and accessibility. Historical construction documents and renovation cost estimates are available. Multiple city, county, and state grants, along with potential historic preservation funds, are available to support redevelopment. The property's 9,545 square feet of net usable space offers flexibility for various configurations. This is an exceptional investment opportunity in a rapidly developing area. Priced at $900,000.

    Property Features for 175 Lyell Avenue

    General Information

    Property type
    Other healthcare properties
    Square Feet
    27,007 SF
    Price / Square Foot
    $33
    Class
    C
    Total Parking Spaces
    37
    Elevators
    N/A
    Net Rentable
    9,545 SF
    Lot Size
    27,007 SF

    Building Details

    Year Built
    1884
    Buildings
    1
    Stories
    2

    HighLights

    • Prime Rochester, NY location on Lyell Ave, ideal for redevelopment.
    • 27,007 sq ft building with ample parking and a new roof.
    • Eligible for city, county, state, and historic preservation grants.
    Location Intelligence

    Current Use by Public Records

    Boehlert Sandra MD Doctor Lunar Real estate ... Real Estate Rental Agency Flower City Transportation ... Transportation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    State
    New York
    Longitude
    -77.62898
    Latitude
    43.164251

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    FAQs

    What type of property is this?
    Healthcare property - Rochester medical/community center redevelopment
    Where is this healthcare property located?
    The property is located at 175 Lyell Avenue Rochester, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Prime Rochester, NY location on Lyell Ave, ideal for redevelopment.; 27,007 sq ft building with ample parking and a new roof.; Eligible for city, county, state, and historic preservation grants.
    (585) 362-8900
    Request Owner's contact information
    175 Lyell Avenue Rochester, NY 14608
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    Rochester, NY 14608
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    175 Lyell Avenue Rochester, NY 14608
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