Colonial Plaza

485 Spencerport Rd , Rochester, NY 14606

  • For Sale $1,500,000
  • Property Type Retail
  • Property Size 42,161 SF
  • Units 11
  • Lot Size 7.6 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 150
  • Parking Ratio 3.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1960
  • Year Renovated 2005
  • Date Updated Aug 28, 2024
Just West of Long Pond Rd on the South side of Spencerport Rd.Discover Colonial Plaza, a 42,161 SF Neighborhood Center strategically located near interstates I-490 & I-390 and Rochester International Airport. This premier investment opportunity, with its 100% occupancy and exceptional potential for long-term success, stands out as a unique and valuable asset. Colonial Plaza is centrally situated in a bustling area with easy access to major highways and the Rochester International Airport, ensuring high visibility and convenience for tenants and customers alike. The center hosts a variety of well-established tenants, including restaurants, bars, fitness centers, beauty salons, and retail stores, providing a stable and reliable income stream. With over 184,000 residents within a 5-mile radius and a steadily growing population, Colonial Plaza benefits from a vibrant and expanding community. The strategic location offers excellent exposure and significant foot traffic, with an Average Annual Daily Traffic (AADT) of 16,343, contributing to the success of the businesses within the plaza. The property features parking for 150 cars, accommodating the needs of tenants and customers. Moreover, the availability of land for future expansion presents exciting opportunities for growth and increased profitability, making Colonial Plaza a promising long-term investment. This stabilized investment opportunity presents a rare chance to acquire a profitable asset in the heart of Gates, NY. Don’t miss out on Colonial Plaza's potential—it's your gateway to a lucrative investment!

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Attachments

Highlights

  • Prime Location
  • Diverse Tenant Mix
  • Thriving Market
  • Ample Parking
  • Stabilized
  • Value Add
  • Expansion Potential

Contacts

broker

Michael Conroy

eXp Commercial

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Rochester, NY
  • Neighborhood North Gates
  • Zip Code 14606
  • Market Rochester

Points of Interest

  • Rochester

    4.85 miles

  • Park & Berkeley #2940

    6.54 miles

  • Park & Berkeley #2941

    6.55 miles

  • East & Berkeley #1019

    6.56 miles

  • East & Berkeley #1020

    6.58 miles

  • Mobil

    1.33 miles

  • Speedway

    1.33 miles

  • Kwik Fill

    1.44 miles

  • Speedway

    1.48 miles

  • Speedway

    1.53 miles

  • Tops

    1.66 miles

  • Gulf

    2.38 miles

  • Byrne Dairy

    2.51 miles

  • Sunoco

    2.77 miles

  • Kwik Fill

    2.82 miles

  • Parking- Mc. Donald's

    2.76 miles

  • Parking- Panera Bread

    2.78 miles

  • Applebee's Carside 2 Go Parking

    2.94 miles

  • Economy Shuttle Lot (Blue Lot)

    2.99 miles

  • Economy Shuttle Parking (White Lot)

    3.16 miles

  • Smart Phone Lot

    3.21 miles

  • On-Airport Shuttle Lot

    3.26 miles

  • Employee Parking

    3.29 miles

  • Economy Shuttle Parking (Red Lot)

    3.32 miles

  • Weekly Parking (Green Lot)

    3.33 miles

  • Papa Joe's

    0.00 miles

  • Mama Napoli

    0.07 miles

  • Giuseppe's

    0.63 miles

  • Martino's

    0.65 miles

  • McDonald's

    0.66 miles

  • Subway

    0.67 miles

  • Olympia Family Restaurant

    0.74 miles

  • Little Caesars

    0.74 miles

  • Taco Bell

    0.77 miles

  • Steve T's

    0.93 miles

  • Aldi

    0.59 miles

  • Wegmans

    0.92 miles

  • Gates Big M

    1.42 miles

  • Big Lots

    1.71 miles

  • Target

    2.36 miles

  • Burlington

    2.54 miles

  • JCPenney

    2.59 miles

  • The Mall at Greece Ridge

    2.60 miles

  • Walmart Supercenter

    2.61 miles

  • Macy's

    2.64 miles

Frequently Asked Questions

How much does Colonial Plaza cost?

The space currently listed for sale at Colonial Plaza asks for $1,500,000.

What is the total square footage of Colonial Plaza?

Colonial Plaza totals 42,161 square feet.

When was this property built?

Colonial Plaza was built in 1960.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Michael Conroy

eXp Commercial