30-32 N Washington St - Apartments FOR SALE


Rochester, NY 14614- Downtown Rochester
$395,000 USD
585-299-2799
30-32 N Washington St, Rochester, NY for Sale
$395,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

30-32 N Washington St
Rochester, NY 14614
Downtown Rochester


HIGHLIGHTS

  • Room for up to 10+ parking spaces on site
  • Solid shell to finish in your vision
  • New Roof and Insulation
  • All utilities on site
  • Grease trap installed for Restaurant use
  • Conveniently located in the Cascade District of Downtown Rochester

OVERVIEW

This Greek Revival with Federal Features brick structure was built in 1840. This is the only surviving example of rowhouses built in Rochester during this period and is located on the original Hundred Acre Tract purchased by Nathaniel Rochester in 1803. It has pitched roofs, interior end chimneys, applied wooden cornices and side by side entrances that adjoin the party wall. It has been listed on the National Register of Historic Places since 1985. The building is available for lease at the asking rate of $15/SF NNN with the owner contributing towards improvements of the property. The property can be leased at a reduced rate in its current shell condition. The building has been gutted in preparation of redevelopment into commercial and/or residential uses. The adjoining lot that wraps around the north and east side was also purchased, providing the ability to accommodate up to 10+ car parking. Improvements to date have included a new roof, new windows and spray insulation on the interior. A grease trap was also installed, which is necessary for any restaurant/café establishment. The layout has been improved with framing to accommodate a lift into the first floor from the parking behind the building providing ADA accessibility. The total square feet is 5,800. Possibilities for buildout include residential units, mixed use, restaurant, office, residential with in home office.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$68 USD /SF

# OF UNITS

6

PRICE/UNIT

$65,833

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Washington Street Row Historic Building

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1840

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

CCD-C

APN/PARCEL ID

261400 121.22-1-67.001

ASK ABOUT THIS PROPERTY

Joe Rowley Jr.Anchor Real Estate Advisors LLCMore Info
585-299-2799

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Joe Rowley Jr.Anchor Real Estate Advisors LLCMore Info
585-299-2799

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