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Investment Highlights

  • Industrial
  • Multifamily
  • High Traffic

Executive Summary

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 two 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.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $753,340 CAD
Price Per SF $126.74 CAD
Sale Type Owner User
Property Type Specialty
Property Subtype Religious Facility
Building Class C
Lot Size 0.39 AC
Building Size 5,944 SF
No. Stories 1
Year Built 1950
Tenancy Single
Parking Ratio 8.41/1,000 SF
Opportunity Zone Yes
Zoning C-1 Neighborhood Center - Provides for small-scale commercial uses offering primarily convenience shopping and services for adjacent residential areas.

Amenities

  • Bus Line
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
261400-105-660-0003-004-000-0000
Land Assessment
$69,033 CAD (2025)
Improvements Assessment
$239,151 CAD (2025)
Total Assessment
$308,185 CAD (2025)
  • Listing ID: 34166632

  • Date on Market: 2024-12-11

  • Last Updated:

  • Address: 469 Lyell Ave, Rochester, NY 14606

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