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    OFF-MARKET
    Banks

    1546 Lyell Ave, Rochester, NY 14606-2122

    5,502 SF 0.43 ac lot Built 1986
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US63-3946431
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Chec Holding Company LLC · 1 yrs held
    Chec Holding Company LLC
    since 2024
    Last sale
    $340,000
    1 recorded transaction
    2024
    $340,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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