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    392 Lyell Ave Rochester, NY 14606

    Sponsored
    For Sale
    $180,000

    Rochester, NY: Versatile Commercial Space

    Property size:
    6,175 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    345
    This exceptional 6,175 square foot commercial property, located at 392 Lyell Avenue in Rochester, New York, presents a unique investment opportunity. Currently operating as a licensed gentlemen's club, the building's zoning allows for a wide range of alternative uses, making it highly adaptable to a variety of businesses. Imagine the possibilities: a thriving retail establishment, a popular restaurant, a convenient grocery store, or even a specialty smoke shop. The property's prime location ensures high visibility and accessibility, attracting a substantial customer base. Ample on-site parking is available, supplemented by nearby city-owned lots, ensuring convenient parking for both customers and employees. The building also features a spacious upstairs area, perfect for use as an apartment or office space, offering additional income potential or flexibility for business expansion. Three bathrooms are conveniently located throughout the building. The 0.08-acre lot provides a manageable footprint for operations, while the building's versatile layout and prime location offer significant upside potential for a savvy investor. Don't miss this chance to acquire a well-situated commercial property with diverse possibilities in a vibrant Rochester neighborhood. The asking price is $180,000.

    Property Features for 392 Lyell Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,175 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm

    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
    County
    Monroe
    State
    New York
    Longitude
    -77.63596
    Latitude
    43.16484

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    FAQs

    What type of property is this?
    Commercial real estate - Rochester, NY: Versatile Commercial Space
    Where is this commercial real estate located?
    The property is located at 392 Lyell Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $180,000.
    (315) 729-5440
    Request Owner's contact information
    392 Lyell Ave Rochester, NY 14606
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    Rochester, NY 14606
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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
    392 Lyell Ave Rochester, NY 14606
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