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29001618
29001635

1175 E Main Street, Rochester, NY 14609

NT
NY 10401387019
Coldwell Banker Commercial Custom Realty
Coldwell Banker Commercial Custom Realty
Listed by Coldwell Banker Commercial Custom Realty
$2,500,000
165 days on market
Updated 50 days ago
Opportunity zone

1175 E Main Street

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 55,498
Units 1
Cap Rate 5.8%
NOI $144,996
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 3
Lease Expiration 11/12/2027
Remaining Term 1.4
Rent Bumps Yes
Lease Options Two 1 year options
Pro-Forma Cap Rate 12.21%
Pro-Forma NOI $305,239
Price per SqFt $45
Class B
Year Built 1900
Year Renovated 2017
Buildings 1
Stories 1
Acreage 2.240
Zoning C-2
Parking Spaces 30 spaces
Parking Per SqFt 0.54
Investment Type Stabilized
Lease Commencement 11/12/2024
Ceiling Height 10-20
Loading Docks 2
Dock High Doors 1

55,498± SF Infill Industrial | Income Today, Occupy Tomorrow

Marketing description

1175 E Main Street, Rochester, NY 14609 presents a rare opportunity to acquire a 55,498± SF industrial warehouse in a highly functional, infill location within the City of Rochester . The property is stabilized with a national tenant, offering near-term income with approximately two years remaining on the lease , plus two (1)-year renewal options, providing future flexibility for repositioning or owner occupancy. The warehouse features a functional mix of clear heights, including 10’ and 14’ clear areas, with the majority of the building offering approximately 20’ clear, allowing for efficient racking, storage, and operational flexibility. Additional features include two loading docks, a truck level door, 400a 3 phase power, and recently updated office space finished to a modern standard. This offering is well suited for an investor seeking stable cash flow with defined lease rollover, or an owner-user looking to secure a well-located industrial facility with a short-term lease-back strategy prior to occupying the property .

Investment highlights

  • ±55,000 SF industrial warehouse located in the heart of Rochester’s infill industrial corridor

  • Stabilized with a national tenant providing immediate cash flow

  • Approximately two years remaining on lease, plus two (1)-year renewal options

  • Defined lease rollover creates flexibility for re-tenanting or future owner occupancy

  • Functional clear height mix with 10’, 14’, and predominantly 20’ clear

  • Two (2) loading docks supporting efficient distribution and warehouse operations

  • Recently updated office space, minimizing near-term capital expenditures

  • Efficient warehouse layout suitable for distribution, logistics, or light manufacturing

  • Infill location offering strong access to labor, transportation routes, and downtown Rochester

  • Ideal for investors seeking stable income with upside, or owner-users planning a near-term transition

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Listing Contacts

NT
NY 10401387019
Coldwell Banker Commercial Custom Realty
Coldwell Banker Commercial Custom Realty
Listed by Coldwell Banker Commercial Custom Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,996.00
$12,083.00/mo

Valuation Metrics

0
DSCR
5.8%
Cap Rate
5.8%
ROI

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Additional Information

Name
Nicholas Torpey
License
10401387019
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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