65 College AveRochester, NY 14607

  • Office buildings
  • 18,029 SF
For Lease
$15/SF/YR View listing

Property Details for 65 College Ave

Year built
1967
Lot size
0.77 AC
Property size (Sq ft)
18,029 SF
Property type
Office buildings
APN
261400 106.83-1-28
APU
26140010683128

Description

This exceptional three-story, Class C office building at 65 College Ave in Rochester, NY, offers multiple tenancy opportunities. Boasting a total of 80,000 square feet, the property currently has 45,988 square feet of vacant space available for lease, perfect for businesses seeking executive office suites. Individual suites range from 11,401 to 11,785 square feet, providing ample room for expansion and growth. Built in 1969, the building sits on a 2.68-acre lot in the vibrant Arts District of Monroe County, a revitalized area known for its cultural institutions, art schools, galleries, and studios. The building features 11-foot ceilings throughout, offering a spacious and comfortable work environment. Its strategic location in Rochester, NY, zip code 14607, provides easy access to the city's amenities and transportation networks. This property presents a unique opportunity to establish a presence in a thriving and culturally rich neighborhood. The surrounding area is a mix of residential, mixed-use, and light industrial buildings, creating a dynamic and diverse community. This is an ideal location for businesses seeking a blend of artistic inspiration and practical accessibility. The available space is ready for immediate occupancy, allowing for a seamless transition for your business. Contact us today to learn more about this exciting opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,911,382
    6.5%
    $2,687,429
    7%
    $2,495,470
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,647,097
    Geo Method
    $1,865,875
  • Alternative Use

    Use
    Valuation
    Residential
    $3,332,412
    Hospitality
    $3,052,472
    Educational
    $2,539,620
    Medical
    $2,626,962
    Retail
    $3,950,521
65 College Ave, Rochester, New York

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.1592
Longitude
-77.5881
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$107,100
$639,900
$747,000
-
$129,036
$770,964
$900,000

FAQs

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