2316 Lyell Ave Rochester, NY 14606
- Strip malls
- 8,448 SF
- 0.35 lot acres
Current Use by Public Records
- Community Care Home Health Services / Home Health Care Service
- Performance Health Sports Care + Recovery - Gates Office / Chiropractor
- Temp Pros / Hvac Contractor
- Jammer's School of Music / Music Instructor
- Salamone Anthony / Insurance Agency
Property Details for 2316 Lyell Ave
- Year built
- 1965
- Lot size
- 0.35 lot acres
- Property size
- 8,448 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 262600 104.15-1-66
- APU
- 26260010415166
Description
This exceptional Rochester, NY retail property, located at 2316-2322 Lyell Avenue, offers 8,448 square feet of commercial space in a prime location. The building, classified as Class B, features a total of four suites across two stories. Currently, 5,216 square feet are available, with spaces ranging from a minimum of 649 square feet to a maximum contiguous space of 1,856 square feet. The property boasts excellent visibility and accessibility, situated on Lyell Avenue, a high-traffic retail corridor with 25,069 vehicles passing daily. Its strategic location places it directly across from a Wegmans grocery store and conveniently near the Rochester airport, Route 390, and Route 490. Public transportation is readily available via a nearby bus line. The property's proximity to major employers such as Delphi, Automotive Systems (GM), Lil Destri, and an Amazon warehouse further enhances its appeal. Ideal for retail or service-based businesses, this property presents a unique opportunity to establish a thriving enterprise in a bustling commercial area of Monroe County. The building is comprised of three retail units on the ground floor and three office units. This well-positioned property is within a one-mile radius of several major employers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $465,000
- 6.5%
- $460,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $480,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $505,000
- Mixed-Use
- $420,000
- Hospitality
- $500,000
- Educational
- $470,000
- Residential Income
- $460,000
- Energy
- $460,000
- Income-Based Land
- $480,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6885
- Latitude
- 43.1651
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
