For Sale
$850,000

305 Tremont StRochester, NY 14608

13,750 SF Warehouse, Multi-Tenant, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 13,750-square-foot warehouse, situated on a 0.62-acre lot in Rochester, NY, presents a compelling investment opportunity. Built in 1930, this Class C industrial property boasts three loading docks with three dock-high doors, and an 18-foot ceiling height. Currently operating as a multi-tenant property with two tenants, the building offers a 75% occupancy rate, generating a strong net operating income (NOI) of $57,787. The current lease structure is NNN with a remaining term of approximately 1.6 years, expiring June 30, 2026. The asking price is $850,000, translating to $61.82 per square foot. The property is zoned R-1 and features a 1-story building. Its prime location offers easy access to major transportation routes, including proximity to the Frederick Douglass Greater Rochester International Airport, making it an ideal location for various industrial uses. The property's strong cash flow, combined with its strategic location and potential for future growth, makes it an attractive investment for owner-users seeking to expand their operations or investors looking for a stable, high-return asset in a thriving market. The property is currently 75% occupied as of September 1, 2023.

Highlights

  • 13,750 SF warehouse on a 0.62-acre lot in Rochester, NY.
  • Strategically located 11 minutes from the Frederick Douglass Greater Rochester International Airport with direct highway access.
  • Strong cash flow with 75% occupancy and a $57,787 NOI; Asking price: $850,000 ($61.82/SF).

Property Details for 305 Tremont St

Property type
Warehouses, Industrial properties
Square Feet
13,750 SF
Class
C
Year Built
1930
Buildings
1
Stories
1
Lot Size (sq. ft)
27,007 SF

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.147873670626
Longitude
-77.623780305609
305 Tremont St, Rochester, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
305 Tremont St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message