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520-522 Monroe Ave 8,861 SF 100% Leased Retail Building Rochester, NY 14607 $766,958 CAD ($86.55 CAD/SF) 9.10% Cap Rate
Executive Summary
Tremendous Opportunity for A Mixed Use Investment Property. 5 Total Units consisting of Bar/Restaurant Space, 3 Ap'ts in the Front Bldg. All under Lease. The 2,750 SF Warehouse in the Back Bldg. is Available For Lease for $1,200/mo. Parking Area for 20 cars.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,861 SF
Building Class
C
Year Built
1930
Price
$766,958 CAD
Price Per SF
$86.55 CAD
Cap Rate
9.10%
NOI
$69,776 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.30 AC
Zoning
N/Av
Parking
44 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
38’ on Monroe Ave
Very walkable
80/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 261400 121.58-1-3.001 | Improvements Assessment | $425,432 CAD |
| Land Assessment | $94,403 CAD | Total Assessment | $519,834 CAD |
Property Taxes
Parcel Number
261400 121.58-1-3.001
Land Assessment
$94,403 CAD
Improvements Assessment
$425,432 CAD
Total Assessment
$519,834 CAD
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520-522 Monroe Ave
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