1546 Lyell Ave, Rochester, NY 14606-2122
This 8,338 square foot, two-story building at 1546 Lyell Ave, Rochester, NY 14606, is a prime retail investment opportunity. Located on a signalized corner with excellent visibility and situated on the RTS bus line, this property boasts high traffic counts and easy accessibility. The building, constructed in 1986, features a versatile floor plan ideal for various uses. The first floor includes a large lobby/foyer, four offices, and a vault. The second floor offers two offices, a spacious boardroom, a full kitchen, and two restrooms (one full bath). A fully finished basement provides additional office and storage space, along with two vaults. The property includes an elevator and approximately 27 parking spaces. The sale includes existing furniture. The 0.43-acre lot is zoned C-2 (Community Center), allowing for a wide range of commercial uses. The asking price is $465,000, with a price per square foot of $71.84. This is a vacant, NNN-leased property presenting significant potential for a savvy investor. The building's former use as a credit union speaks to its secure and well-maintained condition. Don't miss this chance to acquire a high-traffic, versatile commercial space in a thriving Rochester location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.