660 Main StRochester, NY 14611

For Sale
$690,000 View listing
  • Commercial land
  • 25,283 SF

Property Details for 660 Main St

Year built
1930
Lot size
1.16 AC
Property size (Sq ft)
25,283 SF
Property type
Commercial land
APN
261400 120.43-1-26.001
APU
26140012043126001

Description

This exceptional 660 W. Main Street property in Rochester, NY (zip code 14611) presents a unique redevelopment opportunity, priced at $690,000. The site, previously occupied by a church building that was razed following a fire, has undergone significant pre-development work. This includes the completion of an asbestos survey and clearance, the payment of water abandonment fees, removal of basements, backfilling, compaction with select fill, and rough grading for optimal drainage. These completed steps significantly reduce environmental costs for the buyer. Utilities are readily available at the site. The property's strong demographics and flexible zoning allow for a variety of mixed-use developments, including retail, single-family, multi-family housing, and shopping options. This makes it an ideal location for retail, grocery, or residential projects. The site's location in Monroe County offers excellent access to the city's amenities and infrastructure. This is a turnkey opportunity for developers seeking a well-prepared site with significant potential for a profitable venture. The property is ready for immediate development, eliminating significant upfront costs and streamlining the development process.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,673,214
    Hospitality
    $4,280,639
    Educational
    $3,561,441
    Medical
    $3,683,925
    Retail
    $5,540,020
660 Main St, Rochester, New York

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.1521
Longitude
-77.6304
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$27,300
-
$27,300
-
$32,892
-
$32,892

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