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27433015
27433035

545 West Ave, Rochester, NY 14611 For Sale

ES
NY NY 10301221499
Benchmark Realty Advisors, LLC
Listed by Benchmark Realty Advisors, LLC
$675,000
282 days on market
Updated 92 days ago

545 West Ave

Details
APN 261400-120-470-0002-005-000-0000
Property Type Industrial
Sub Type Flex, Warehouse (+1)
Square Footage 16,792
Cap Rate 9.01%
NOI $60,800
Occupancy 95%
Tenancy Multi
Lease Type Modified
Class C
Year Built 1926
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.540
Zoning M-1
Investment Type Stabilized
Ceiling Height 11-15
Loading Docks 1

Multi-Tenant Industrial | 9.01% CAP | 16,792 SqFt

Marketing description

545 West Avenue presents a great opportunity to acquire a well maintained warehouse asset in the heart of Rochester’s industrial corridor. Spanning 16,792 square feet on a 0.54-acre parcel, this freestanding building originally constructed in 1926 retains its robust industrial character while benefiting from functionality focused upgrades by the current owner. Recent improvements include a reconfigured floor plan to maximize usable square footage, the installation of an additional grade-level door, a new heating unit, and upgraded LED lighting throughout the interior and exterior.

The building is equipped with a 3-phase 600amp electrical service, wet sprinklers throughout the leasable areas, forced air heat, and flexible loading capabilities including (1) dock door and (6) grade-level doors of varying heights. Additional features include a 15-foot clear height, skylights throughout the entire building, and a gated parking lot for added security and operational ease.

Currently 95% leased, the property provides strong in-place income with upside potential through lease up of the remaining vacancy or future repositioning. The efficient footprint and enhanced layout make it well suited for light manufacturing, warehousing, distribution, or contractor operations. Located just minutes from I‑490 and downtown Rochester, the site offers excellent access to major transportation routes and a deep urban labor pool.

Listing Contacts

ES
NY NY 10301221499
Benchmark Realty Advisors, LLC
Listed by Benchmark Realty Advisors, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$60,800.00
$5,066.67/mo

Valuation Metrics

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DSCR
9.01%
Cap Rate
9.01%
ROI

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Additional Information

Name
Evan Schaefer
License
NY 10301221499
Brokerage
Benchmark Realty Advisors
Title
Real Estate Broker
Brokerage Address
4 North Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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