1460 Hudson AveRochester, NY 14621

Property Details for 1460 Hudson Ave

Year built

1940

Lot size

0.56 AC

Property size (Sq ft)

4,841 SF

Property type

Retail properties

Property subtype

Auto shops

APN

261400 091.41-1-6.003

APU

2614000914116003

Description

This exceptional investment opportunity encompasses a 2.02-acre assemblage of three individual lots located at 1450, 1460, and 1462 Hudson Avenue in Rochester, New York, within Monroe County, zip code 14621. The property is zoned for QSR/Fast Food, Restaurant, and Shopping Center uses, presenting a versatile platform for both investment and redevelopment. Currently generating income, the assemblage offers the potential for significant returns. The property can be delivered vacant, free of existing leases, providing immediate flexibility for the new owner. This strategic location benefits from exceptional visibility and accessibility. It enjoys proximity to a major Walmart, ensuring high traffic volume and consumer exposure. Furthermore, the property boasts direct access to Highway 104, facilitating convenient transportation for both customers and employees. The recent expansion of the adjacent Delta Sonic further enhances the desirability and value of this prime retail assemblage. This presents a rare chance to acquire a well-positioned, income-producing property with substantial redevelopment potential in a thriving Rochester neighborhood. The latitude and longitude coordinates are 43.1931369, -77.5995332 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $1,149,158

  6.5%

  $1,060,762

  7%

  $984,993

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,114,508

  Geo Method

  $1,262,640

• Alternative Use

  Use

  Valuation

  Residential

  $894,792

  Hospitality

  $819,625

  Educational

  $681,918

  Medical

  $705,370

  Retail

  $1,060,762

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.1932

Longitude

-77.5993

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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