116 Arnett Blvd, Unit 122 Rochester, NY 14619-1122
- Commercial land
- 10,775 SF
- 0.13 lot acres
Current Use by Public Records
- Commercial land
Property Details for 116 Arnett Blvd
- Year built
- 1915
- Lot size
- 0.13 lot acres
- Property size
- 10,775 SF
- Property type
- Commercial land
- APN
- 261400 120.66-1-49
- APU
- 26140012066149
Description
This exceptional 0.14-acre commercial land parcel, located at 116 Arnett Blvd in Rochester, NY (zip code 14619), presents a unique investment opportunity. Priced at $199,000, the property offers a sale-leaseback option, providing flexibility for potential buyers. Situated on the corner of Genesee Street and Arnett Blvd, this lot boasts existing utilities including electricity, gas, and sewer, simplifying development plans. The property's strategic location offers significant development potential, particularly considering the possibility of combining it with adjacent properties. The seller also owns a neighboring 0.14-acre lot at 381-383 Genesee Street, available for purchase at $99,000, creating an opportunity to acquire a larger contiguous parcel. This combined area, along with other city-owned lots in the vicinity, presents a compelling opportunity for developers seeking to create a significant project along Genesee Street between Arnett and Lenox Streets. The property's commercial zoning (and residential subtype) allows for a range of development possibilities. This is a rare chance to acquire a well-located, ready-to-develop commercial lot in a growing area of Rochester. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.6365
- Latitude
- 43.1424
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
