1506 Empire Blvd - Industrial FOR SALE


Webster, NY 14580
$899,000 USD
585-305-4488
1506 Empire Blvd, Webster, NY for Sale
$899,000 USD
Industrial - FOR SALE
1/26
null | Request Cap Rate

1506 Empire Blvd
Webster, NY 14580


HIGHLIGHTS

  • This 2.9-acre parcel on Empire Boulevard is zoned LB (Local Business) and features over 450 feet of road frontage, providing significant visibility.
  • Average traffic counts exceed 25,000 vehicles daily.
  • The existing home, which has a new roof and an updated bathroom, is occupied by a tenant on a month-to-month lease for $1,250 per month.
  • Preliminary site plan concept for a 22-unit residential building are available, and a separate concept plan illustrates the possibility of subdividing
  • Includes a 1,704 sf home, a 1,840 sf barn, a 565 sf detached garage, a 2,028 sf barn/cidery, and a 1,482 sf farm stand
  • This property offers a development opportunity with income-producing assets and flexible zoning in a growing corridor.

OVERVIEW

This 2.9-acre parcel on Empire Boulevard is zoned LB (Local Business) and features over 450 feet of road frontage, providing significant visibility. The property is located in the Webster/Penfield market and is approximately 15 minutes from Downtown Rochester. Average traffic counts exceed 25,000 vehicles daily. The site contains several structures and currently generates income and has the possibility of a leaseback from the current owner. The existing home, which has a new roof and an updated bathroom, is occupied by a tenant on a month-to-month lease for $1,250 per month. A spacious barn and a block building, previously a cider mill, are currently used for a woodshop and storage. An open-market structure at the road frontage offers a potential retail or business space. The LB zoning supports a variety of uses, including retail, office, and residential projects. Preliminary site plan concept for a 22-unit residential building are available, and a separate concept plan illustrates the possibility of subdividing the site into up to four commercial lots, while keeping the house for a commercial build to suit subdivision. The property's existing structures, as per tax records, include a 1,704-square-foot home, a 1,840-square-foot barn, a 565-square-foot detached garage, a 2,028-square-foot barn/cidery, and a 1,482-square-foot farm stand. Supporting documentation, including a survey, asbestos report, zoning map, and development concept plans, are available for review. This property offers a development opportunity with income-producing assets and flexible zoning in a growing corridor.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barn/Cidery/Farm Stand

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1840

UTILITIES

Gas - Natural, Water - County, Sewer - County

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.9

LAND SF

126,324

ZONING

LB

APN/PARCEL ID

264200-108-070-0001-002-100

ASK ABOUT THIS PROPERTY

Joel Barrett43 North Real EstateMore Info
585-305-4488

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Joel Barrett43 North Real EstateMore Info
585-305-4488

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.