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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
Executive Summary
Endeavor Real Estate Group is pleased to exclusively offer for sale the 100% fee simple interest in 490 East Ridge Road (“the Property”), an outstanding commercial asset located in the center of Irondequoit, New York, one of the Rochester area’s most established and densely populated suburbs.
This opportunity represents the ability to acquire a well-located, highly visible building along one of Irondequoit’s primary retail corridors — positioned among national tenants, daily conveniences, and a strong residential base that supports steady year-round activity.
490 East Ridge Road sits prominently along East Ridge Road (Route 404), a major east–west thoroughfare with strong traffic counts and direct access to Route 104, providing exceptional visibility and connectivity to surrounding communities. The property is situated within a well-developed commercial corridor that includes retail, service, and professional uses, making it ideally suited for a variety of future applications, including a redevelopment of the building, which offers efficient layouts, ample on-site parking, and direct street frontage, creating flexibility for both investors and end-users.
With its strong physical fundamentals and adaptable configuration, the asset is well-positioned for repositioning or redevelopment into a range of uses, including retail, mixed-use, medical office, or residential concepts such as senior or assisted living. Supported by Irondequoit’s favorable demographics, growing demand for modern housing, and proximity to major amenities, 490 East Ridge Road represents a compelling investment opportunity with both near-term functionality and long-term redevelopment upside in one of Monroe County’s most enduring suburban markets.
This opportunity represents the ability to acquire a well-located, highly visible building along one of Irondequoit’s primary retail corridors — positioned among national tenants, daily conveniences, and a strong residential base that supports steady year-round activity.
490 East Ridge Road sits prominently along East Ridge Road (Route 404), a major east–west thoroughfare with strong traffic counts and direct access to Route 104, providing exceptional visibility and connectivity to surrounding communities. The property is situated within a well-developed commercial corridor that includes retail, service, and professional uses, making it ideally suited for a variety of future applications, including a redevelopment of the building, which offers efficient layouts, ample on-site parking, and direct street frontage, creating flexibility for both investors and end-users.
With its strong physical fundamentals and adaptable configuration, the asset is well-positioned for repositioning or redevelopment into a range of uses, including retail, mixed-use, medical office, or residential concepts such as senior or assisted living. Supported by Irondequoit’s favorable demographics, growing demand for modern housing, and proximity to major amenities, 490 East Ridge Road represents a compelling investment opportunity with both near-term functionality and long-term redevelopment upside in one of Monroe County’s most enduring suburban markets.
Property Facts
Sale Type
Investment or Owner User
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
Parking
190 Spaces (5.31 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 263400-091-060-0004-056-000 | Improvements Assessment | $3,405,182 CAD |
| Land Assessment | $559,994 CAD | Total Assessment | $3,965,176 CAD |
Property Taxes
Parcel Number
263400-091-060-0004-056-000
Land Assessment
$559,994 CAD
Improvements Assessment
$3,405,182 CAD
Total Assessment
$3,965,176 CAD
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490 East Ridge Road | 486-494 E Ridge Rd
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