Two-Story Mixed-Use Building
1600 Lyell Ave Rochester, NY 14606
1600 Lyell Ave, Rochester, NY, 14606
$990,000
For Sale
$990,000
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 Market49
Property Features for 1600 Lyell Ave
General Information
- Standard status
- Active
- Size
- 18,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1974
Listing agency
RE/MAX Titanium
(585) 395-9574
Listed by
Joseph Andrew Avery · License #10491210820
(585) 395-9574
Source
Elliman
Added: Jun 3 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 9:06AM
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
Location Intelligence
Current Use by Public Records
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
Similar For Sale Nearby
FAQs
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
