3640 Dewey AveGreece, NY 14616

Property Details for 3640 Dewey Ave

Year built

1987

Lot size

8.50 AC

Property size (Sq ft)

75,392 SF

Zone code

05 - COMMERCIAL

Property type

Retail properties

Property subtype

Strip malls

APN

262800 060.10-2-1

APU

2628000601021

Description

This exceptional retail opportunity presents 81,342 square feet of prime commercial space at 3640 Dewey Ave in Greece, NY, 14616. The property, built in 1987, features six suites, with 29,350 square feet currently vacant, offering flexible space options ranging from 2,000 to 20,000 square feet. The building sits on 17 acres of land and boasts ample parking with 550 spaces. Its strategic location on Dewey Avenue provides excellent visibility and accessibility, with convenient access to English Road and Britton Road. This high-traffic area sees over 20,000 vehicles per day. The property benefits from its proximity to major retailers including Big Lots, Goodwill, Dairy Queen, AT&T, and a Super Walmart, ensuring high foot traffic and strong brand recognition. The former grocery store space presents a unique opportunity for a variety of retail tenants seeking a well-established location in a thriving commercial area within Monroe County. This is an ideal location for businesses seeking high visibility and a strong customer base. The available space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $17,896,582

  6.5%

  $16,519,921

  7%

  $15,339,927

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,356,944

  Geo Method

  $14,522,396

• Alternative Use

  Use

  Valuation

  Residential

  $13,935,172

  Hospitality

  $12,764,542

  Educational

  $10,619,949

  Medical

  $10,985,186

  Retail

  $16,519,921

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.2374

Longitude

-77.6455

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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