City Gates Building 1600 Lyell Ave
18,900 SF 80% Leased Retail Building Rochester, NY 14606 £848,980 (£44.92/SF)
EXECUTIVE SUMMARY
**FOR SALE: CITY GATES PLAZA | 1600-1604 LYELL AVE, ROCHESTER, NY 14606** 18,900 SF multi-tenant retail/office building located on Lyell Ave in the City of Rochester. Priced at $1,100,000, this property sits on 0.76 acres, offering high visibility and exposure with traffic counts of 12,865 VPD on Lyell Ave. The diverse tenant mix makes it an ideal investment for retail, office, or mixed-use purposes. Situated in a thriving commercial corridor, the property provides easy access to major highways I-390 and Route 490, ensuring seamless connectivity for businesses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,900 SF
Building Class
C
Year Built
1974
Price
£848,980
Price Per SF
£44.92
Percent Leased
80%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
12 ft
Building FAR
0.57
Lot Size
0.76 AC
Zoning
Commercial - C-2 (Community Center) allowing for a variety of uses.
Parking
60 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
171 ft on Lyell Ave
AMENITIES
- Bus Route
- Corner Lot
- Signage
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Occupational Safety On Site
- Health Care and Social Assistance
- -
- -
- -
- -
- Perri's Pizzeria
- Retailer
- -
- -
- Modified Gross
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Occupational Safety On Site | Health Care and Social Assistance | - | - | - | - | |
| Perri's Pizzeria | Retailer | - | - | Modified Gross | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 261400-105-610-0001-008-000-0000 | Improvements Assessment | £287,544 |
| Land Assessment | £40,879 | Total Assessment | £328,424 |
