159 Alexander St - Churches FOR SALE


Rochester, NY 14607- Pearl-Meigs-Monroe
$265,000 USD
585-337-1764
159 Alexander St, Rochester, NY for Sale
$265,000 USD
Churches - FOR SALE
1/21
null | Request Cap Rate

159 Alexander St
Rochester, NY 14607
Pearl-Meigs-Monroe


HIGHLIGHTS

  • Prime Redevelopment Site
  • Prominent Location

OVERVIEW

Introducing an unparalleled redevelopment opportunity nestled in the heart of Downtown Rochester, this historic gem, dating back to 1900, beckons visionary owners, developers, and commercial operators alike. Boasting a substantial 16,586 SF floor plan on a 9,148 Sqft parcel footprint at the crossroads of Alexander and Broadway Street, this property is a canvas awaiting the brushstroke of innovation. The building, a testament to significant original architecture, presents a prime prospect for owner-users seeking a distinctive space. Strategically positioned within an opportunity zone, the potential for state and federal tax credits further enhances the allure for savvy developers. The canvas unfolds with promise, inviting creative minds to envision a variety of possibilities—whether a rejuvenated place of worship, one-of-a-kind apartments, a cutting-edge self-storage facility, or a dynamic commercial enterprise. While the building requires tender loving care, its enviable location just minutes away from the vibrant scenes of Downtown, South Wedge, Monroe Ave, and Park Ave, coupled with swift interstate access, makes it a magnetic focal point for strategic endeavors. In an age where unique spaces are cherished, this property stands as a testament to vast potential. Acquiring this property isn't merely a real estate transaction; it's an opportunity to weave your aspirations into the fabric of Rochester's community. Become the steward of this slice of history, leaving an indelible mark on the city's growth story. Seize the chance to craft something truly special and contribute to the ongoing narrative of Rochester's evolution.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$16 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

R-2

APN/PARCEL ID

261400 121.49-1-11.001

ASK ABOUT THIS PROPERTY

Evan SchaeferBenchmark Realty AdvisorsMore Info
585-337-1764

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Evan SchaeferBenchmark Realty AdvisorsMore Info
585-337-1764

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.