Industrial Property for Sale in Rochester, NY

  • Price: $550K
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Rochester, NY 14606
  • Size: 5,944 SF
  • Year built: 1950

Description

Prime Multi-Property Opportunity on Lyell Ave. This unique offering features four separate parcels, totaling approximately roughly 13,000 square feet of versatile space and land with strong investment potential. The primary property, located at,469 Lyell Ave, is a 5,944 sq ft building currently used as a church, featuring a 55x50 ft warehouse area, three offices, a kitchen, three bathrooms, and more. 465 Lyell Ave, situated just behind, includes a 5,104 sq ft building with three garage bays and a newly remodeled 3-bedroom, 1-bathroom apartment above. This building has recent upgrades, including brand-new 10-foot garage doors and a roof installed just a few years ago. Also included is a 0.25-acre parcel at 40 Texas St, which could provide additional access from the back road. The final property at 473 Lyell Ave is a 2,299 sq-ft single-family home with 4 bedrooms and 2 bathrooms that is currently rented out month to month. This collection of properties offers a range of uses and tremendous flexibility for the right buyer. Building SF: 5944 | Year Built: 1950 | Listing Type: FOR SALE

Market Context

This industrial in Rochester, NY is listed for sale at $550,000 across 5,944 SF ($93/SF). The building dates to 1950. It has been on the market for 38 days. Compare it against other industrial listings for sale in Rochester, NY — <a href="/search/sale/industrial/new-york/rochester">view the full market</a>.

As of Q4 2023, the Rochester industrial market showed a 3.7% vacancy rate, and rents up 2.4% year over year. Source: Cushman & Wakefield Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

Is the Rochester industrial market tightening or softening?
Vacancy is around 3.7%, with asking rents rising year over year (Q4 2023).

Unified Estimate

Very Low Confidence

$59.75/SF – $80.83/SF

Mid: $70.29/SF

Total estimate for 5,944 SF: $417,804

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market charleston (similarity: 100%) with 3 comparable listings.

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