217 Main StRochester, NY 14614

Property Details for 217 Main St

Year built

1920

Lot size

0.17 AC

Property size (Sq ft)

25,548 SF

Property type

Office buildings

APN

261400 121.29-1-19.001

APU

26140012129119001

Description

This four-story, 25,548-square-foot office building at 217 West Main Street in Rochester, NY (zip code 14614), presents a compelling investment or leasing opportunity. Its prime location offers high visibility and excellent signage potential, making it ideal for a headquarters or significant office presence. The building boasts a convenient secured surface parking lot with capacity for approximately 90 vehicles, ensuring ample parking for employees and clients. The flexible interior layout allows for customization to meet diverse business needs. This traditional office space is situated in Monroe County and provides unique branding opportunities. The property's address is easily accessible, contributing to its overall appeal. The building's size and features make it suitable for a wide range of office users seeking a prominent location in Rochester's vibrant downtown area. The sale or lease of this property offers a chance to establish a strong presence in a high-traffic area with excellent visibility and convenient parking. Serious inquiries are encouraged to explore this exceptional opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $4,675,650

  6.5%

  $4,315,980

  7%

  $4,007,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,334,020

  Geo Method

  $1,952,510

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,911,910

  Retail / Commercial

  $4,488,800

  Mixed-Use / Specialty

  $4,408,810

  Hospitality / Lodging

  $3,151,310

  Institutional / Educational

  $4,560,520

  Residential Income

  $5,335,810

  Multifamily

  $6,754,170

  Automotive / Energy

  $3,909,020

  Parking / Income-Based Land

  $1,412,160

  Restaurant / Food Service

  $2,156,520

  Healthcare / Senior Housing

  $4,586,760

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.1542

Longitude

-77.6184

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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