For Sale
$249,900

158 Hollenbeck St Rochester, NY 14621

Rochester, NY Flex Space Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Rochester, NY industrial property, located at 158 Hollenbeck Street, presents a compelling investment opportunity. The 1.3-acre lot encompasses two buildings totaling 21,316 square feet of net rentable space, zoned IND. One building, measuring 7,800 square feet, is currently leased and generates $2,500 in monthly rental income, featuring two garages. The second, larger building offers significant potential for redevelopment. While requiring roof replacement and some structural work, including decking support, this building presents a blank canvas for various uses. The property boasts desirable features including a fenced lot, ample storage space, surfaced parking, and a loading dock. Built in 1900, this single-story complex offers a 22-foot ceiling height. The property is offered as a gross lease with multi-tenancy potential. This is a rare chance to acquire a well-located industrial property with immediate income and substantial upside potential in a thriving Rochester neighborhood. The property is classified as Class C and consists of two units. The property is currently owned by East Avenue Brighton LLC. This is a unique opportunity to capitalize on the strong demand for industrial space in the Rochester market. The existing tenant provides immediate cash flow, while the larger building offers a chance to add value through renovations and lease-up. Don't miss this chance to acquire a versatile industrial property with significant potential for growth.

Highlights

  • Two-building property; smaller 7,800 SF building fully leased, generating $2,500/month in rent, includes two garages.
  • Larger building vacant and ready for tenant improvements; requires roof replacement, structural repairs, and decking work.
  • Fenced lot.
  • Ample storage.
  • Paved parking.
  • Loading dock.

Property Details for 158 Hollenbeck St

Property type
Warehouses, Industrial properties
Square Feet
21,316 SF
Class
C
Year Built
1900
Buildings
2
Stories
1
Lot Size (sq. ft)
56,628 SF
Units
2

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.1812395
Longitude
-77.6152166

FAQs

What type of property is this?
Warehouse - Rochester, NY Flex Space Investment Opportunity
Where is the warehouse located?
The property is located at 158 Hollenbeck St Rochester, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two-building property; smaller 7,800 SF building fully leased, generating $2,500/month in rent, includes two garages.; Larger building vacant and ready for tenant improvements; requires roof replacement, structural repairs, and decking work.; Fenced lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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158 Hollenbeck St
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