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486-494 E Ridge Rd
Rochester, NY 14621
490 East Ridge Road · Office Property For Sale
Investment Highlights
- The asset is being sold at a favorable price per square foot — undoubtedly over 2x to 3x below replacement
- Site offers potential for residential redevelopment such as senior housing or assisted living
- The property’s versatile location and cost basis both allow for multiple potential redevelopment/re-tenanting strategies
- The site’s accessibility to Route 104 and the greater Rochester expressway network enhances connectivity
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
35,808 SF
Building Class
B
Year Built
1989
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
17,904 SF
Slab To Slab
9’
Building FAR
0.33
Lot Size
2.50 AC
Zoning
C - Commercial
Parking
190 Spaces (5.31 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 263400-091-060-0004-056-000 | Improvements Assessment | $2,447,500 |
| Land Assessment | $402,500 | Total Assessment | $2,850,000 |
Property Taxes
Parcel Number
263400-091-060-0004-056-000
Land Assessment
$402,500
Improvements Assessment
$2,447,500
Total Assessment
$2,850,000
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