1147-1151 Plymouth Ave S 3,200 SF 100% Leased Retail Building Rochester, NY 14608 $373,000 ($116.56/SF) 10.01% Cap Rate

Charming Commercial Opportunity at 1147-1149 Plymouth Ave S, Rochester, NY - $373,000
Property Overview: Nestled in the vibrant heart of Rochester, this distinctive property offers a blend of commercial utility and future potential. Priced at $373,000 with a Net Operating Income (NOI) of $37,336, this building represents an attractive investment with solid returns and capital growth opportunities.
Key Features:
Versatile Space: Currently structured as a dual storefront with potential for varied business uses, including retail, offices, or boutique service establishments.
Prime Location: Situated on Plymouth Ave S, the property enjoys significant foot traffic and visibility, essential for any business.
Accessibility: Easy access to major roads and public transportation, ensuring convenience for both staff and customers.
Ample Parking: On-site parking available, a premium feature in this bustling area.
Local Amenities:
Community Rich Environment: Surrounded by residential neighborhoods, providing a steady customer base.
Educational Institutions: Close proximity to the University of Rochester and Rochester Institute of Technology, ideal for businesses catering to students and staff.
Recreational Areas: Nearby Genesee Riverway Trail and several parks offer great leisure opportunities, enhancing the quality of life in the area.
Healthcare Facilities: Several hospitals and clinics are within a short driving distance, contributing to the locality’s appeal.
Dining and Shopping: A variety of dining options and shopping centers are easily accessible, drawing more visitors to the area.
Investment Potential: This property not only offers immediate returns with a respectable NOI but also presents opportunities for revenue growth through potential renovations or reconfigurations tailored to future market needs. Whether expanding current operations or leasing to new tenants, the strategic location and versatile space offer numerous possibilities to maximize income.
Conclusion: 1147-1149 Plymouth Ave S is more than just a property; it's a potential-packed investment waiting for the right owner. Ideal for investors seeking to diversify their portfolio or entrepreneurs looking for a prime location to grow their business. Don’t miss out on this unique opportunity to own a piece of Rochester’s thriving community.