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2450 Ridge Rd W 27,000 SF 100% Leased Office Building Rochester, NY 14626 $1,700,000 ($62.96/SF)
Investment Highlights
- Mix of professional office, medical office, and service/retail tenants
- 82.4% Occupied
- Daily Traffic Count 37,467
- 22,624 Square Feet
- Upside potential, or the opportunity to redevelop a 2.1 acre parcel
- Signalized Intersection
Executive Summary
2450 West Ridge Road is a 22,624 square foot investment offering that is currently 82.4% occupied. Situated in the heart of the West Ridge Road corridor, immediately across the street from the 1.6 million square foot Mall at Greece Ridge, the property features a mix of professional office, medical office, and service/retail tenants. The property offers in place cash flow with upside potential, or the opportunity to redevelop a 2.1 acre parcel in one of the market‘s primary retail trade areas.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
27,000 SF
Building Class
B
Year Built/Renovated
1985/2010
Price
$1,700,000
Price Per SF
$62.96
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,000 SF
Slab To Slab
10’
Building FAR
0.30
Lot Size
2.10 AC
Zoning
05
Parking
150 Spaces (5.56 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 262800-074-140-0002-016-000 | Improvements Assessment | $1,039,800 |
| Land Assessment | $288,100 | Total Assessment | $1,327,900 |
Property Taxes
Parcel Number
262800-074-140-0002-016-000
Land Assessment
$288,100
Improvements Assessment
$1,039,800
Total Assessment
$1,327,900
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2450 Ridge Rd W
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