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    2901 Dewey Ave Rochester, NY 14616

    Sponsored
    For Sale
    $500,000

    Prime Rochester location, 8,500 SF, owner/user.

    Property size:
    8,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,500 square foot retail property, located at 2901 Dewey Avenue in Rochester, New York, presents a unique investment opportunity for owner-users. The building, constructed in 1923, boasts a two-story structure and offers a single tenancy. Currently configured as a bar and restaurant with storefront capabilities, this versatile space is ideal for a variety of uses. The asking price is $500,000, translating to $58.82 per square foot. The property's prime location offers significant advantages, including convenient walking distance to a Family Dollar store and close proximity to both Wegmans and Tops supermarkets, ensuring high visibility and foot traffic. This presents a rare chance to acquire a substantial, established property in a thriving Rochester neighborhood. The net rentable square footage is 8,500 square feet, spread across one building. The property is being offered for sale by owner. This is a fantastic opportunity for an owner-user seeking a well-situated, established business location in a high-traffic area of Rochester, NY, zip code 14616.

    Property Features for 2901 Dewey Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,500 SF

    Building Details

    Year Built
    1923
    Buildings
    1
    Stories
    2

    HighLights

    • $500,000 asking price for this 8,500 square foot retail property.
    • Owner‑user opportunity in a single‑tenant building.
    • Located at 2901 Dewey Ave, Rochester, NY 14616.
    • Features a bar, restaurant, and storefront configuration.
    • $58.82 per square foot.
    • Two‑story building constructed in 1923.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dutch Mill Bar & Grill

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6416655
    Latitude
    43.2225526

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    FAQs

    What type of property is this?
    Individual retail property - Prime Rochester location, 8,500 SF, owner/user.
    Where is this individual retail property located?
    The property is located at 2901 Dewey Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for this 8,500 square foot retail property.; Owner-user opportunity in a single-tenant building.; Located at 2901 Dewey Ave, Rochester, NY 14616.
    Request Owner's contact information
    2901 Dewey Ave Rochester, NY 14616
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    Rochester, NY 14616
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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
    2901 Dewey Ave Rochester, NY 14616
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