Highly Visible Retail
3811 Dewey Ave Rochester, NY 14616
New
For Sale
$425,000
Storefront property on a major commercial corridor with strong visibility and traffic, suitable for multiple retail and service uses.
Days on Market4
Property Features for 3811 Dewey Ave
General Information
Standard status
Active
Property subtype
Retail - Street Retail
Building Details
Year Built
1952
Listing Agency:
Caliber Commercial Brokerage
(607) 205-0253
Listed By:
Luke S. Barney · License ##10401381348
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 4:00AM
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 Caliber Commercial Brokerage
Investment Insights
Based on property information with market context.
3811 Dewey Avenue is a highly visible storefront property offered for sale, featuring flexible site layout characteristics that support a range of commercial uses. The property is described as well-positioned for retail, office, medical, service, or restaurant activity.
The address is located along one of Greece’s primary commercial corridors, with the listing noting strong daily traffic counts and immediate access to a dense surrounding residential population, supporting walk-by and drive-by exposure.
The property is also described as having mixed-use zoning, which may allow for repositioning and redevelopment options depending on approvals. This configuration is intended to appeal to owner-users, investors, and developers looking for flexibility on an established corridor.
The address is located along one of Greece’s primary commercial corridors, with the listing noting strong daily traffic counts and immediate access to a dense surrounding residential population, supporting walk-by and drive-by exposure.
The property is also described as having mixed-use zoning, which may allow for repositioning and redevelopment options depending on approvals. This configuration is intended to appeal to owner-users, investors, and developers looking for flexibility on an established corridor.
Key Highlights
- Storefront property on a major commercial corridor (Dewey Avenue) with strong visibility and daily traffic counts
- Built in 1952
- Mixed‑use zoning and flexible site layout offer multiple redevelopment/repositioning possibilities
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.7k | $21.60 |
| − Vacancy | −$3.1k | −$2.22 |
| EGI | $26.7k | $19.38 |
| − OpEx | −$8.0k | −$5.81 |
| NOI | $18.7k | $13.56 |
1,376 SF · lease $21.60/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$266.6K
$233.3K – $311.0K
NOI $18,662 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.9K
$329.8K – $439.8K
NOI $26,386 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property on a major commercial corridor with strong visibility and traffic, suitable for multiple retail and service uses.
Where is this storefront property located?
The property is located at 3811 Dewey Ave Rochester, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Storefront property on a major commercial corridor (Dewey Avenue) with strong visibility and daily traffic counts; Built in 1952; Mixed‑use zoning and flexible site layout offer multiple redevelopment/repositioning possibilities
