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513 Lyell Ave
Rochester, NY 14606
Retail Property For Sale
Executive Summary
This unique commercial property offers a versatile setup with office space in the front and two garages in the back. Grandfathered zoning allows for auto dealership sales, making it a rare opportunity for investors or business owners in the automotive industry. Currently, three auto dealers occupy office spaces on a month-to-month basis. At full capacity, the property has housed five auto dealer offices, a hairdresser suite, a residential tenant upstairs, and a mechanic in the garage—generating over $5,000 in monthly rental income. Whether you're looking to expand your business or secure an income-producing investment, this property offers flexibility and strong potential returns. Don’t miss out on this exceptional opportunity!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,224 SF
Building Class
C
Year Built
1915
Price
$225,000
Price Per SF
$101.17
Tenancy
Single
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
C-1 Neighborhood Center - Provides for small-scale commercial uses. Grandfathered for auto dealership sales.
Parking
37 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
30’ on Lyell Ave
Property Taxes
| Parcel Number | 261400-105-650-0002-027-000-0000 | Improvements Assessment | $134,900 |
| Land Assessment | $29,500 | Total Assessment | $164,400 |
Property Taxes
Parcel Number
261400-105-650-0002-027-000-0000
Land Assessment
$29,500
Improvements Assessment
$134,900
Total Assessment
$164,400
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