Sale Brochure - 186-188 N Water St
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JOSEPH F. "JOE" ROWLEY, JR. JOSEPH L. ROWLEY (III) ANCHOR REAL ESTATE ADVISORS LLC 585.299.2799 x1 585.299.2799 x2 250 Mill Street Rochester, NY 14614 [email protected] [email protected] 585.299.2799 NY #10491204545 NY #10401256823 AnchorREA.com OVERVIEW This unique investment opportunity in downtown Rochester is currently 100% leased to an Architecture / Engineering Firm. This property is fully built out as professional office space on both the 1st floor and basement level with a number of private offices, open areas and conference rooms. Large skylights provide natural light to the 1st floor interior spaces where there are also loft areas currently utilized for file storage. There is a freight elevator within the building that could be re-activated or converted for passenger use. The building is conveniently located next to the inner loop with easy access to the local highway system. There are several restaurants and other amenities within close walking distance, including Roc the Riverway development currently underway. SUMMARY Sale Price: $700,000 Building Size: 14,300 SF Lot Size: 0.17 Acres Price / SF: $48.95 Cap Rate: 18.96% Zoning: CCD-R Center City Riverfront EXECUTIVE SUMMARY OFFICE INVESTMENT - DOWNTOWN ROCHESTER 186-188 North Water St, Rochester, NY 14604
Transcript of Sale Brochure - 186-188 N Water St
JOSEPH F. "JOE" ROWLEY, JR. JOSEPH L. ROWLEY (III) ANCHOR REAL ESTATE ADVISORS LLC
585.299.2799 x1 585.299.2799 x2 250 Mill Street Rochester, NY [email protected] [email protected] 585.299.2799NY #10491204545 NY #10401256823 AnchorREA.com
OVERVIEWThis unique investment opportunity in downtown Rochester iscurrently 100% leased to an Architecture / Engineering Firm. Thisproperty is fully built out as professional office space on both the1st floor and basement level with a number of private offices,open areas and conference rooms. Large skylights providenatural light to the 1st floor interior spaces where there are alsoloft areas currently utilized for file storage. There is a freightelevator within the building that could be re-activated orconverted for passenger use.
The building is conveniently located next to the inner loop witheasy access to the local highway system. There are severalrestaurants and other amenities within close walking distance,including Roc the Riverway development currently underway.
SUMMARYSale Price: $700,000
Building Size: 14,300 SF
Lot Size: 0.17 Acres
Price / SF: $48.95
Cap Rate: 18.96%
Zoning: CCD-R Center CityRiverfront
EXECUTIVE SUMMARYOFFICE INVESTMENT - DOWNTOWN ROCHESTER
186-188 North Water St, Rochester, NY 14604
250 Mill Street Rochester, NY 14614585.299.2799
AnchorREA.com
PROPERTY HIGHLIGHTS
100% leased to Architecture /
Engineering firm
Professional office environment
Combination of private offices, open
areas and conference rooms
Close to Roc the Riverway
development
Convenient downtown Rochester
location
HIGHLIGHTSOFFICE INVESTMENT - DOWNTOWN ROCHESTER
186-188 North Water St, Rochester, NY 14604
250 Mill Street Rochester, NY 14614585.299.2799
AnchorREA.com
LOCATION MAPOFFICE INVESTMENT - DOWNTOWN ROCHESTER
186-188 North Water St, Rochester, NY 14604
