Penfield, NY

Penfield Town Center Development Site

Penfield, NY, 14526
Land For Sale

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Penfield, NY

Penfield Town Center Development Site

Price:

$3,500,000 USD

Sale Type:

Investment or Owner User

No. Lots:

1

Property Type:

Land

Property Sub-type:

Commercial

Proposed Use:

Mixed Use

Total Lot Size:

35.00 AC

Zoning Description:

Mixed Use

Price:

$3,500,000 USD

Lot Size:

35.00 AC

Description:

Two parcels: 3283 Atlantic Ave & 1725 Fairport Nine Mile Point Road in the Town of Penfield combine to make up this 35 acre site. The property is conveniently located at the intersection of Route 250 and Atlantic Avenue with growing traffic counts.

Attachment #1 document
Attachment #2 document
Attachment #3 document
Attachment #4 document
Attachment #5 document

Municipal Support for development: Penfield has provided a mixed use development manual and additional support for developers

Situated at busy intersection of Route 250 & Atlantic Ave

Ideal for suburban, higher density residential and office buildings

Vibrant, sustainable “town center” sought for this corridor

35 contiguous acres just rezoned for mixed-use development

Middle-class demographics and highly rated school district

The subject property offers a unique opportunity to create a dynamic MIXED USE PROJECT in the Town of Penfield, a growing suburb of Rochester, NY in the heart of the Finger Lakes region. Acquiring municipal consent for a new development of this size can often be challenging, but with the Town of Penfield proactively rezoning these parcels for mixed-use, such approvals should be relatively easy to maintain provided the developer plans the project within the parameters of the updated Town code. The Town seeks a variety of residential options including high density apartment and town homes in conjunction with neighborhood-scale commercial uses such as medical offices and convenience retail. A sustainable community on this site must be well-designed to alleviate the cost and impact of increased energy use and infrastructure at an intersection that is currently vacant farmland. Pedestrian-friendly development emphasizing synergy and cooperation between profitable commercial businesses, residential buildings, and open space is the goal of this mixed-use corridor.

Up to 35 acres available in two parcels - 10 acres of higher density at intersection and 25 acres lower density. Can be subdivided for the right opportunity. Bring your ideas and proposals.

Contact

+
Matthew J. Lester

Licensed Real Estate Broker
Managing Partner


585.454.4500 x 112
MLester@CaliberBrokerage.com

Rental specifications

Price:

$3,500,000 USD

Sale Type:

Investment or Owner User

No. Lots:

1

Property Type:

Land

Property Sub-type:

Commercial

Proposed Use:

Mixed Use

Total Lot Size:

35.00 AC

Zoning Description:

Mixed Use

Lot

Price:

$3,500,000 USD

Lot Size:

35.00 AC

Description:

Two parcels: 3283 Atlantic Ave & 1725 Fairport Nine Mile Point Road in the Town of Penfield combine to make up this 35 acre site. The property is conveniently located at the intersection of Route 250 and Atlantic Avenue with growing traffic counts.

Attachments

Attachment #1 document
Attachment #2 document
Attachment #3 document
Attachment #4 document
Attachment #5 document

HighLights

Municipal Support for development: Penfield has provided a mixed use development manual and additional support for developers

Situated at busy intersection of Route 250 & Atlantic Ave

Ideal for suburban, higher density residential and office buildings

Vibrant, sustainable “town center” sought for this corridor

35 contiguous acres just rezoned for mixed-use development

Middle-class demographics and highly rated school district

Description

The subject property offers a unique opportunity to create a dynamic MIXED USE PROJECT in the Town of Penfield, a growing suburb of Rochester, NY in the heart of the Finger Lakes region. Acquiring municipal consent for a new development of this size can often be challenging, but with the Town of Penfield proactively rezoning these parcels for mixed-use, such approvals should be relatively easy to maintain provided the developer plans the project within the parameters of the updated Town code. The Town seeks a variety of residential options including high density apartment and town homes in conjunction with neighborhood-scale commercial uses such as medical offices and convenience retail. A sustainable community on this site must be well-designed to alleviate the cost and impact of increased energy use and infrastructure at an intersection that is currently vacant farmland. Pedestrian-friendly development emphasizing synergy and cooperation between profitable commercial businesses, residential buildings, and open space is the goal of this mixed-use corridor.

Sale Notes

Up to 35 acres available in two parcels - 10 acres of higher density at intersection and 25 acres lower density. Can be subdivided for the right opportunity. Bring your ideas and proposals.

Map

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