601-603|613|614|191-209 W Main ST, Rochester, NY 14608
601-603|613|614|191-209 W Main ST, Rochester, NY 14608
601-603|613|614|191-209 W Main ST, Rochester, NY 14608
601-603|613|614|191-209 W Main ST, Rochester, NY 14608
601-603|613|614|191-209 W Main ST, Rochester, NY 14608
601-603|613|614|191-209 W Main ST, Rochester, NY 14608
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$ 3,300,000
Est. payment | /mo

62,000 SqFt


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$ 3,300,000
Est. payment | /mo
Save

62,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 62,000 sqft

Price per Sqft $53

Subdivision Right Of Way

MLS Listing ID R1689241

Construction Status Existing

HOA Y/N No

Year Built 1920

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 80X160

Property Sub-Type Mixed Use

Property Description

Exceptional opportunity to acquire the Bull's Head Portfolio in its entirety a five-building, mixed use commercial and multifamily collection (plus a billboard lease) offered as a single sale, not available individually, in Rochester's revitalizing Bull's Head (B.E.S.T.) neighborhood. Spanning West Main Street and Jefferson Avenue, the portfolio includes 50 residential apartments (studio, one, and two-bedroom) along with ground-floor commercial/retail storefronts and a leasing office. Offered at $3,300,000, representing an approximate 10% cap rate on stabilized net operating income. The portfolio pairs durable in-place income from long-tenured residential and storefront tenants with substantial value-add upside through lease-up of currently vacant units, most notably at The Gardens. Situated within a federally designated Opportunity Zone with potential capital-gains tax advantages, and positioned directly within the City's $350 million Bull's Head revitalization including the $17.9M West Main Gateway street improvements now underway. Held under single ownership for a clean, scalable acquisition. Full financials, rent roll, and offering memorandum available to qualified prospects upon request.

Location

State NY

County Monroe

Community Right Of Way

Area Rochester City-261400

Zoning c-2

Interior

Heating Other, See Remarks

Cooling Other, See Remarks

Inclusions Building Only, Equipment, Land and Building

Fireplace No

Exterior

Utilities Available Water Connected

Roof Type Other,See Remarks

Total Parking Spaces 20

Building

Lot Description Irregular Lot

Story 3

Water Public

Structure Type Other

Construction Status Existing

Schools

School District Rochester

Others

Tax ID 261400-120-440-0001-004-000-0000

Acceptable Financing Other, See Remarks

Listing Terms Other, See Remarks

Special Listing Condition Standard

Listed by Benchmark Realty Advisors, LLC

Nearby Locations

GET MORE INFORMATION

Damaris Rivera
Damaris Rivera

Broker | License ID: 10491209510

+1(585) 754-3821 | damaris@rrealtyrochester.com

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601-603|613|614|191-209 W Main ST