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Two-Story Mixed-Use Building Opportunity
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
Listed By: Joseph Andrew Avery · License #10491210820
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.

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

Current Use

Coach Tony's Gourmet ... Big Box & Wholesale Store Perri's Pizzeria Restaurant Rochester T-Shirt and Signs (Bike/Boat/Book/etc) Store Perri Franchising Inc. Restaurant AFL-CIO Advocacy Group

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Pharmacy Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

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

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Office in Rochester, NY

8.6% 2019
13.1% 2020
15.9% 2021
22.8% 2022
22.6% 2023
22.1% 2024
20.7% 2025
Rey
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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
More about this property
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