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520-522 Monroe Ave 8,861 SF 100% Leased Retail Building Rochester, NY 14607 $774,669 CAD ($87.42 CAD/SF) 9.47% 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. 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
$774,669 CAD
Price Per SF
$87.42 CAD
Cap Rate
9.47%
NOI
$73,339 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 | $437,267 CAD |
| Land Assessment | $97,029 CAD | Total Assessment | $534,296 CAD |
Property Taxes
Parcel Number
261400 121.58-1-3.001
Land Assessment
$97,029 CAD
Improvements Assessment
$437,267 CAD
Total Assessment
$534,296 CAD
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520-522 Monroe Ave
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