Technical
Financial
Distress signals
Property profile

3228 Chili Ave Rochester, NY 14624

OFF-MARKET
Banks
Property ID
US63-6279914
3,300 SF 0.77 ac lot Built 1975
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Two Fronts Plaza at Chili and Paul Avenue in Rochester, NY, offers exceptional office space in a vibrant retail center. This Class A property, totaling 137,381 square feet, underwent renovations in 2023 and features five single-story buildings. Currently, multiple spaces are available, ranging from 1,500 to 2,580 square feet, ideal for various business types including traditional office, coworking, medical office, and creative office uses. The plaza boasts a strong tenant mix of national and regional businesses such as Sherwin-Williams, AutoZone, Key Bank, and more, ensuring high visibility and foot traffic. Located on a main retail corridor in Chili, a Rochester suburb, the property benefits from excellent demographics and convenient access to I-490. Nearby shadow anchors like Wegmans, Aldi, and Target further enhance the location's appeal. This thriving commercial hub presents a unique opportunity for businesses seeking a well-established and easily accessible location within the Rochester metropolitan area. Lease terms, including length and tenant improvement allowances, are negotiable. The property's diverse tenant base creates a compatible environment for a wide range of businesses. This is a rare opportunity to secure space in a highly sought-after location.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1975
Total area 3,300 SF
Lot 0.77 ac (33,541 SF)
Zoning code 05 - COMMERCIAL
APN 262200 146.09-2-4.3
UPID US63-6279914

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Atm Convenience Store

Location

3228 Chili Ave Rochester, NY 14624-5412
Rochester metro Census 14601 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2022
6 recorded transactions
2022
Price N/A
2004
$6.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Rochester, NY

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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