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Liberty Plaza 31 E Main St 31,500 SF 57% Leased Office Building Rochester, NY 14614 $1,350,000 ($42.86/SF)

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INVESTMENT HIGHLIGHTS

  • Prime central business district location with high walkability and river views
  • Office-ready floors 2–4 with flexible layouts
  • First-floor retail storefronts with strong visibility
  • Potential historic tax credit eligibility

EXECUTIVE SUMMARY

Liberty Plaza is a ±31,500 SF brick office building prominently situated on Rochester’s Genesee riverfront, ideally positioned between First Federal Plaza and Constellation Brands Global headquarters in the heart of the Central Business District. The property features first-floor retail storefronts with strong visibility, professional office space spanning floors two through four with flexible layouts, and a partial fifth-floor apartment offering unique live-work potential. Located within the newly established Four Corners National Historic District, the building is eligible for both state and federal historic tax credits—making it an ideal candidate for adaptive reuse to multifamily or mixed-use residential. With river views, high walkability, and proximity to civic, corporate, and residential growth nodes, Liberty Plaza is well-suited for investors, owner-users, or developers looking to reposition a signature downtown asset.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
31,500 SF
Building Class
B
Year Built/Renovated
1900/2015
Price
$1,350,000
Price Per SF
$42.86
Percent Leased
57%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,875 SF
Building FAR
4.02
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
N/A - All uses permitted subject to building codes

AMENITIES

  • Banking
  • Restaurant
  • Drop Ceiling

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • James V. Phillipone, PC Profit Sharing Trust
  • -
  • 3,000 SF
  • -
  • -
  • Mastermind Lounge LLC
  • -
  • -
  • -
  • -
  • Philippone Law Offices
  • -
  • 600 SF
  • -
  • -
  • Plymouth Park West
  • -
  • 800 SF
  • -
  • -
  • Skillful Communications Media
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
James V. Phillipone, PC Profit Sharing Trust - 3,000 SF - -
Mastermind Lounge LLC - - - -
Philippone Law Offices - 600 SF - -
Plymouth Park West - 800 SF - -
Skillful Communications Media - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,500 SF
  • Office/Retail
  • Partial Build-Out
  • Now

Retail potential or office.

  • 2nd Floor
  • 1,000-6,500 SF
  • Office
  • Full Build-Out
  • Now

Many private office spaces of varying sizes.

  • 3rd Floor
  • 1,000-4,200 SF
  • Office
  • Full Build-Out
  • Now

Office space available.

  • 4th Floor
  • 1,300 SF
  • Office
  • Full Build-Out
  • Now

Office suite available with reception and conference room.

Space Size Space Use Condition Available
1st Floor 1,500 SF Office/Retail Partial Build-Out Now
2nd Floor 1,000-6,500 SF Office Full Build-Out Now
3rd Floor 1,000-4,200 SF Office Full Build-Out Now
4th Floor 1,300 SF Office Full Build-Out Now

1st Floor

Size
1,500 SF
Space Use
Office/Retail
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
1,000-6,500 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor

Size
1,000-4,200 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Floor

Size
1,300 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,500 SF
Space Use Office/Retail
Condition Partial Build-Out
Available Now

Retail potential or office.

2nd Floor

Size 1,000-6,500 SF
Space Use Office
Condition Full Build-Out
Available Now

Many private office spaces of varying sizes.

3rd Floor

Size 1,000-4,200 SF
Space Use Office
Condition Full Build-Out
Available Now

Office space available.

4th Floor

Size 1,300 SF
Space Use Office
Condition Full Build-Out
Available Now

Office suite available with reception and conference room.

Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
261400 121.23-1-36.001
Land Assessment
$249,000
Improvements Assessment
$376,000
Total Assessment
$625,000
  • Listing ID: 33162249

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 31 E Main St, Rochester, NY 14614

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