2.44 Acres of Commercial Land in Penfield

Great opportunity to be in a corridor that is being developed with residential all around this site. This is a mixed use zoning district that allows both residential and commercial development. It is close to the YMCA and has strong traffic counts. There are two residential buildings that are income producing for a total of $2150 per month or over $25,000 per year. (The rents are below market rents for Penfield; 3 bedroom Carriage house and 4 bedroom home). This area is in dire need of services for the community. There are 184 apartments adjacent to the Y and more apartments being built with site plans being submitted to the town for approval. This area has a strong need for commercial service providers due to the many projects that are being developed on this corridor. There are two single family homes on the property that are rental properties. There is land in the rear that can be developed for a combination of residential multi-family or commercial office/retail. Three bedroom Carriage house and 4 bedroom primary house. The total square footage is 1800 SF plus 1894 SF for a total of 3694 SF with a two car detached garage. Webster central school district. NOTE: Future sanitary sewer easement as the development to the south progresses. The town has created an easement for this property to connect when the sanitary lines are installed. Currently, the sanitary sewer is at the Home Leasing Penfield Square that has 184 apartments. There is another development project being built to the south that will also be mixed use development with residential and some commercial.