Property profile

1546 Lyell Ave Rochester, NY 14606

OFF-MARKET
Banks
Property ID
US63-3946431
5,502 SF 0.43 ac lot Built 1986
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1986
Total area 5,502 SF
Lot 0.43 ac (18,880 SF)
APN 261400 105.61-1-49.001
UPID US63-3946431

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1546 Lyell Ave Rochester, NY 14606-2122
Rochester metro Census 980200 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2024
Last sale
$340,000
1 recorded transaction
2024
$340,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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