116 Arnett BlvdRochester, NY 14619

Property Details for 116 Arnett Blvd

Year built

1915

Lot size

0.13 AC

Property size (Sq ft)

10,775 SF

Property type

Commercial land

APN

261400 120.66-1-49

APU

26140012066149

Description

This exceptional 0.14-acre commercial land parcel, located at 116 Arnett Blvd in Rochester, NY (zip code 14619), presents a unique investment opportunity. Priced at $199,000, the property offers a sale-leaseback option, providing flexibility for potential buyers. Situated on the corner of Genesee Street and Arnett Blvd, this lot boasts existing utilities including electricity, gas, and sewer, simplifying development plans. The property's strategic location offers significant development potential, particularly considering the possibility of combining it with adjacent properties. The seller also owns a neighboring 0.14-acre lot at 381-383 Genesee Street, available for purchase at $99,000, creating an opportunity to acquire a larger contiguous parcel. This combined area, along with other city-owned lots in the vicinity, presents a compelling opportunity for developers seeking to create a significant project along Genesee Street between Arnett and Lenox Streets. The property's commercial zoning (and residential subtype) allows for a range of development possibilities. This is a rare chance to acquire a well-located, ready-to-develop commercial lot in a growing area of Rochester. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,758,640

  Retail / Commercial

  $1,893,170

  Mixed-Use / Specialty

  $1,859,440

  Hospitality / Lodging

  $1,329,080

  Office

  $1,820,290

  Institutional / Educational

  $1,923,420

  Residential Income

  $2,250,410

  Multifamily

  $2,848,610

  Automotive / Energy

  $1,648,650

  Parking / Income-Based Land

  $595,588

  Restaurant / Food Service

  $909,522

  Healthcare / Senior Housing

  $1,934,490

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.1424

Longitude

-77.6365

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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