59 Lyell AveRochester, NY 14608

Property Details for 59 Lyell Ave

Year built

1910

Lot size

0.51 AC

Property size (Sq ft)

7,588 SF

Property type

Investment properties

Property subtype

Live-work space

APN

261400 105.68-2-36

APU

26140010568236

Description

This exceptional Rochester property at 59 Lyell Ave offers a versatile warehouse space ideal for multiple tenants. The 10,100 square foot building, constructed in 2000, is classified as Class C and zoned C2. It boasts a flexible layout, currently undergoing renovations to modernize electrical and plumbing systems. Upon completion, tenants will benefit from a completely updated, blank-slate space ready for immediate occupancy. The property features two loading docks and two drive-in doors, ensuring efficient loading and unloading operations. Two spaces are currently available, one offering 3,500 square feet of retail space and another offering 6,600 square feet of warehouse space, which is divisible. The entire 10,100 square foot building is also available for lease. This prime location provides excellent accessibility and visibility, making it an attractive option for businesses seeking a functional and adaptable warehouse solution. The property is ready for immediate occupancy upon completion of the current renovations. Contact us today to learn more about leasing opportunities and pricing details.

• CAP approach

  CAP return

  Valuation

  6%

  $1,225,335

  6.5%

  $1,131,078

  7%

  $1,050,287

• Comparable approach

  Method

  Valuation

  Relative Method

  $693,226

  Geo Method

  $579,897

• Alternative Use

  Use

  Valuation

  Residential

  $1,402,537

  Hospitality

  $1,284,716

  Educational

  $1,068,869

  Medical

  $1,105,629

  Retail

  $1,662,685

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.1643

Longitude

-77.6252

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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