171-183|182-186|190-194 Monroe Avenue, Rochester, NY 14607

New - 7 Hours Ago
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Property Description

Fully-leased, three-building mixed-use commercial portfolio totaling 26,150 SF on Lower Monroe Ave, offered as a portfolio at a 7.5% blended cap. 171-183 Monroe: 6,736 SF ground-level retail. 182-186 Monroe: 8,614 SF retail plus a residential penthouse. 190-194 Monroe (Yellow Square): ~10,800 SF with bar/restaurant, salon studio, and a 5,400 SF artist loft/event space with high ceilings and freight elevator. 100% occupied with a diverse mix of retail, restaurant, service, and residential tenants. The portfolio sits at the southern gateway to Rochester's Inner Loop East and the Neighborhood of Play, one of the city's most active redevelopment corridors. The award-winning Inner Loop East project converted a sunken expressway into a walkable boulevard, opening six acres for development and catalyzing $400M+ in private investment and 500+ new housing units nearby. The buildings are steps from the Strong National Museum of Play (500,000+ annual visitors) and its ongoing expansion, the new 175-room Hampton Inn & Suites, and a growing base of bars, restaurants, and shops. Walkable to Downtown Rochester, Park Avenue, and the Neighborhood of the Arts, with RTS bus service, I-490 access, and ROC airport within 15 minutes.

171-183|182-186|190-194 Monroe Avenue | MLS# R1690822

This commercial property located at 171-183|182-186|190-194 Monroe Avenue, Rochester, NY 14607 is currently listed for sale with an asking price of $2,705,000. 171-183|182-186|190-194 Monroe Avenue is located within the Rochester school district. Search Rochester real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Business
Cooling: Other, SeeRemarks
Heating: Other, SeeRemarks
Lot Size: 0.11 Acres
Roof Type: Other, SeeRemarks
Stories: 2.0
Taxes: $18,324
Year Built: 1920

Feature Descriptions

Lot: IrregularLot
Lot Dimensions: 100X50
Parcel#: 121.400-0002-013.000/0000
Sewer: PublicSewer
Utilities: SewerConnected, WaterConnected
Water: Public

Local Schools

School District: Rochester

Demographics

Listed By / Shown By

Listing By

Agency Name: Benchmark Realty Advisors, LLC
Agency Phone: 585-250-7175

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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