Two-Story Mixed-Use Building
For Sale
$990,000
1600 Lyell Ave, Rochester, NY 14606
Two-story mixed-use building with fully leased ground floor and five second-floor suites ready to lease.
Property Size18,900 SF
Price / SF$52.38
Days on Market59
Property Features for 1600 Lyell Ave
General Information
Standard status
Active
Size
18,900 SF
Property subtype
Commercial
Building Details
Year Built
1974
Stories
2
Listing Agency:
RE/MAX Titanium
(585) 395-9574
Listed By:
Joseph Andrew Avery · License #10491210820
(585) 395-9574
Source:
Elliman
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 31 at 12:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Titanium
Investment Insights
Based on property information with market context.
This two-story mixed-use building at 1600–1604 Lyell Avenue contains approximately 18,900 square feet and offers income from a fully leased ground floor plus additional leasing opportunity on the second floor. The ground level is leased to three established tenants: Occupational Safety On-Site in Suites 1B and 1C, Perri's Pizza in Suites 1D–1F, and Sweet Ambience in Suite 1A on a month-to-month basis. The second floor is vacant and provides five leasable suites, including 2A–2B combined, 2C, 2D, 2E, and 2F.
The property is located on the busy Lyell Avenue corridor in Monroe County, with on-site parking serving the building. Transit access is noted as Some Transit, and the area scores indicate it is Somewhat Walkable and Somewhat Bikeable.
For investors and owner-users, this structure supports a blended approach: stabilized ground-floor tenancy with Occupational Safety On-Site leased through August 2030 with two 3-year options and Perri's Pizza leased through December 2028 with three 3-year options, while the second-floor space is ready to lease on modified gross terms. Recent capital work includes a roof inspected, patched, and Alum-Koted in July 2024, as well as newer rooftop HVAC units, including a Suite 2C installation in 2022. The sale is the building only, not the businesses, and pro forma rent projections are estimates and not guaranteed.
The property is located on the busy Lyell Avenue corridor in Monroe County, with on-site parking serving the building. Transit access is noted as Some Transit, and the area scores indicate it is Somewhat Walkable and Somewhat Bikeable.
For investors and owner-users, this structure supports a blended approach: stabilized ground-floor tenancy with Occupational Safety On-Site leased through August 2030 with two 3-year options and Perri's Pizza leased through December 2028 with three 3-year options, while the second-floor space is ready to lease on modified gross terms. Recent capital work includes a roof inspected, patched, and Alum-Koted in July 2024, as well as newer rooftop HVAC units, including a Suite 2C installation in 2022. The sale is the building only, not the businesses, and pro forma rent projections are estimates and not guaranteed.
Key Highlights
- Two‑story mixed‑use building built in 1974 with roughly 18,900 SF
- Ground floor is fully leased to 3 tenants with current gross rent of $91,080/yr ($7,590/mo)
- Occupational Safety On‑Site in Suites 1B/1C: 2,450 SF leased through August 2030 with two 3‑year options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 14606, NY
28,252
Population
11,712
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
83%
High-School Grad
9.4 sq mi
ZIP Area
3,006
Density / Sq Mi
$57,287
Median Household Income
$38,682
Median Earnings
$978
Median Rent
$150,500
Median Home Value
Market
Properties on Market for Mixed-use properties in Rochester
Vacancy Rate% for Office in Rochester, NY
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story mixed-use building with fully leased ground floor and five second-floor suites ready to lease.
Where is this mixed-use property located?
The property is located at 1600 Lyell Ave Rochester, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Two‑story mixed‑use building built in 1974 with roughly 18,900 SF; Ground floor is fully leased to 3 tenants with current gross rent of $91,080/yr ($7,590/mo); Occupational Safety On‑Site in Suites 1B/1C: 2,450 SF leased through August 2030 with two 3‑year options