2240 Monroe Ave Rochester, NY 14618

This exceptional value-add investment opportunity presents a 15,338 square foot retail center located at 2240 Monroe Avenue in Rochester, New York. The property, built in 1968, sits on a 1.2-acre lot and features a single-story building with four units. Currently, the center has 12% occupancy with two tenants: Relax & Wax and Brighton Nail & Spa. The asking price is $2,195,000, translating to $143.11 per square foot. The property boasts ample parking with 45 spaces, a significant advantage in a high-traffic retail area. Its location, three blocks east of the 12 Corners intersection, places it within a primary retail corridor, ensuring high visibility and foot traffic. The property is zoned BE-F and offers significant potential for increased occupancy and rental income. This multi-tenant storefront and shopping center presents a compelling opportunity for owner-users and investors seeking a value-add project in a prime Rochester location. The property's size, parking availability, and strategic location make it an attractive investment prospect with considerable upside potential. The APN is 137.14-2-69.