Prime Investment & Redevelopment Opportunity at 1506 Empire Blvd, Webster Unlock the potential of this expansive 2.9-acre parcel, zoned LB (Local Business), perfectly positioned on Empire Blvd with over 450 feet of prime frontage. Located in a thriving commercial district, this property offers unmatched flexibility for various uses—retail, office, residential, mixed-use projects, or a combination thereof—making it an exceptional choice for investors and developers alike. With an Average Annual Daily Traffic (AADT) exceeding 27,000 vehicles, this high-visibility site ensures maximum exposure in a rapidly growing corridor, just 15 minutes from Downtown Rochester. Whether you’re seeking immediate cashflow, long-term growth, or a transformative redevelopment project, this rare gem in the Webster/Penfield prime area is now available for your vision. Income-Generating Gem with Room to Grow This property is a standout investment with strong, immediate cashflow potential: A multi-family home with a new roof and updated bath, currently rented at $1,250/month, with potential to increase rent further. A property maintenance tenant generating $3,000/month in rental income—willing to stay or relocate buildings as needed. That’s $4,250/month in reliable revenue from day one, offering stability while you plan your next move. Even better, the existing rentals occupy only a portion of the land, leaving over 2 acres of prime, undeveloped space to add buildings, expand operations, or pursue new projects. The rent is excellent, but there’s significant potential to add value and boost returns further, whether by raising residential rent or developing the remaining acreage. Additional structures, including a spacious barn, a block building (formerly a cider mill, now used as a woodshop and storage), and an open market-style structure at the frontage, add charm, utility, and expansion potential—all with excellent visibility from Empire Blvd. A Developer’s Dream in a Commercial LB District Zoned LB, this property supports various commercial and residential possibilities, making it an ideal redevelopment piece. Preliminary plans for a 22-unit residential building highlight its potential, while the flexible zoning opens the door to retail, office, or mixed-use ventures. With over 2 acres still available for development even after accounting for current rentals, you can dream big—add new buildings, create additional revenue streams, or reimagine the entire site. The Empire Blvd corridor, stretching from the hilltop to Irondequoit Bay, is buzzing with new development and investment, boosting its value and appeal. High traffic volume, prominent visibility, and proximity to Downtown Rochester position this parcel as a cornerstone of growth in one of Webster’s most sought-after areas. Why This Property Stands Out Commercial LB Zoning: Endless possibilities for business, residential, or mixed-use development. Cashflow Ready: $4,250/month in rental income provides immediate returns, with room to increase residential rent. Over 2 Acres to Develop: Ample space to add buildings and enhance value beyond the current rentals. Redevelopment Potential: A blank canvas for your vision, with existing plans for 22 residential units. Prime Location: 450+ ft of frontage on a high-traffic corridor (27,000+ AADT), 15 minutes from Rochester. Thriving Area: Part of a dynamic, growing stretch of Empire Blvd with new projects enhancing its value. Don’t miss your chance to secure this versatile 2.9-acre property—an excellent investment with cashflow today and a prime redevelopment opportunity for tomorrow. Whether enhancing an existing business, generating steady income with potential for more, or crafting a bold new project on over 2 acres of untapped land, 1506 Empire Blvd is your gateway to success in Webster’s evolving landscape. Act now—contact us today to seize this standout opportunity!