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520-522 Monroe Ave 8,861 SF 69% Leased Retail Building Rochester, NY 14607 $550,000 ($62.07/SF) 9.10% Cap Rate
Executive Summary
Tremendous Opportunity for A Mixed Use Investment Property. 5 Total Units consisting of Bar/Restaurant Space, 3 Ap'ts in the Front Bldg. All under Lease. The 2,750 SF Warehouse in the Back Bldg. is Available For Lease for $1,200/mo. Parking Area for 20 cars.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,861 SF
Building Class
C
Year Built
1930
Price
$550,000
Price Per SF
$62.07
Cap Rate
9.10%
NOI
$50,038
Percent Leased
69%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.30 AC
Zoning
N/Av
Parking
44 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
38’ on Monroe Ave
Space Availability
- Space
- Size
- Space Use
- Position
- Available
2,748 SF of Clear Span Warehouse w no columns. 2 @ Grade Drive in Doors 14'. Owner will install suspended Heat Resonator. This Bldg. is for Warehouse and Storage Use only. Great Opportunity to store Equipment and/or Vehicles. $1,200/month plus utilities.
| Space | Size | Space Use | Position | Available |
| Warehouse | 2,748 SF | Industrial | - | Now |
Warehouse
| Size |
| 2,748 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
1 of 3
Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
Warehouse
| Size | 2,748 SF |
| Space Use | Industrial |
| Position | - |
| Available | Now |
2,748 SF of Clear Span Warehouse w no columns. 2 @ Grade Drive in Doors 14'. Owner will install suspended Heat Resonator. This Bldg. is for Warehouse and Storage Use only. Great Opportunity to store Equipment and/or Vehicles. $1,200/month plus utilities.
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 261400 121.58-1-3.001 | Improvements Assessment | $308,700 |
| Land Assessment | $68,500 | Total Assessment | $377,200 |
Property Taxes
Parcel Number
261400 121.58-1-3.001
Land Assessment
$68,500
Improvements Assessment
$308,700
Total Assessment
$377,200
1 of 28
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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520-522 Monroe Ave
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