287 Andrews St 3,192 SF 100% Leased Office Building Rochester, NY 14604 $450,000 ($140.98/SF) 13% Cap Rate

Turn-Key Downtown Office/Retail Opportunity in Rochester’s Revitalization Core
287-289 Andrews Street presents a rare opportunity to acquire or lease a fully updated, bi-level commercial building in the heart of Rochester’s Center City District. Offering over 3,100 SF of flexible space, this property is strategically located within the Downtown Revitalization Initiative (DRI) target area, positioning it to benefit from ongoing public and private investment in the city’s core.
Property Highlights:
Prime Location: Just steps from Clinton Avenue, with strong visibility, access, and connectivity to downtown.
Flexible Use: Zoned CCD-B, allowing a wide range of business uses in a fully enclosed building. Perfect for office, professional services, creative studio, boutique retail, or mixed tenant scenarios.
Modern Updates: Recent capital improvements include a new roof, paved and lit parking lot (12+ spaces), fresh paint, new flooring, kitchenette, drywall, and upgraded lighting.
Efficient Systems: Two new furnaces, reconditioned AC units, and a new security/surveillance system reduce near-term maintenance costs.
Functional Layout:
Upper Level: Five private offices, conference room, reception, and two restrooms.
Lower Level: Open work area, break room/kitchenette, storage, utility, and an additional restroom.
Investment Appeal: Divisible for multi-tenant leasing, with projected lease rates of $24–$27/SF. Strong cash flow potential for investors or cost-savings for owner-occupiers.
Why This Property:
Turn-key condition means minimal upfront capital required.
Located in Rochester’s most active growth zone — surrounded by redevelopment, infrastructure upgrades, and increasing demand.
Rare downtown property with ample private parking, a competitive advantage for tenants and clients alike.
Whether you are an owner-user seeking a professional, move-in-ready headquarters or an investor looking for a stable, income-producing asset in an appreciating district, 287-289 Andrews Street delivers a compelling opportunity.