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773 E Main St 1,920 SF 100% Leased Retail Building Rochester, NY 14605 $375,000 ($195.31/SF) 8.12% Cap Rate
Investment Highlights
- Brand New Construction
- Bus Route
- Parking Lot
Executive Summary
Tremendous Opportunity-Just Constructed in 2025, this 1920 SF Building offers a 960 SF Grab and Go Retail Opportunity on the 1st floor with a 2 Bedroom Apartment on the 2nd Floor. Currently the Owner is operating an Ice Cream Store walk up window service. All Utilities are separate, there is a Large Garage/Storage Bldg. on the back of the lot and a 12 car parking area.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$43,800
|
$22.81
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$43,800
|
$22.81
|
| Taxes |
$10,850
|
$5.65
|
| Operating Expenses |
$2,500
|
$1.30
|
| Total Expenses |
$13,350
|
$6.95
|
| Net Operating Income |
$30,450
|
$15.86
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $43,800 |
| Annual Per SF | $22.81 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $43,800 |
| Annual Per SF | $22.81 |
| Taxes | |
|---|---|
| Annual | $10,850 |
| Annual Per SF | $5.65 |
| Operating Expenses | |
|---|---|
| Annual | $2,500 |
| Annual Per SF | $1.30 |
| Total Expenses | |
|---|---|
| Annual | $13,350 |
| Annual Per SF | $6.95 |
| Net Operating Income | |
|---|---|
| Annual | $30,450 |
| Annual Per SF | $15.86 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,920 SF
Building Class
B
Year Built
2025
Price
$375,000
Price Per SF
$195.31
Cap Rate
8.12%
NOI
$30,450
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.13 AC
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 261400 106.82-2-2 | Total Assessment | $285,900 (2025) |
| Land Assessment | $23,500 (2025) | Annual Taxes | $10,850 ($5.65/SF) |
| Improvements Assessment | $262,400 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
261400 106.82-2-2
Land Assessment
$23,500 (2025)
Improvements Assessment
$262,400 (2025)
Total Assessment
$285,900 (2025)
Annual Taxes
$10,850 ($5.65/SF)
Tax Year
2026
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Contact the Sale Advisor
773 E Main St