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19 Silver St

6,870 SF Industrial Building Rochester, NY 14611 $349,999 ($51/SF) 10% Cap Rate

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Investment Highlights

Industrial, manufacturing, shop, warehouse

Executive Summary

This 6,870 SF industrial building is located in the heart of Downtown Rochester and is conveniently located close to 490/innerloop. The building features 14’-15’ ceiling heights with 1 new overhead door, 2 brand new exterior man doors. The first floor consists of 2 warehouse spaces of 2,584 SF and 2,331 SF while the second floor is approximately 1,995 SF with office/residential space. Warehouse is plumbed for 10 compressed air lines and has 3 phase electric. This offering also includes a vacant gated lot on adjacent property at 23 Silver St for plenty of parking. New 200 amp 3 phase panel, service wire and meter installed with more power available.

Property Facts

Price	$349,999	Rentable Building Area	6,870 SF
Price Per SF	$51	No. Stories	2
Sale Type	Investment	Year Built	1950
Cap Rate	10%	Tenancy	Single
Sale Conditions	Build to Suit Deferred Maintenance Building in Shell Condition	Parking Ratio	2.91/1,000 SF
Property Type	Industrial	Clear Ceiling Height	15 FT
Property Subtype	Distribution General Retail Auto Repair Industrial Manufacturing Industrial Warehouse	No. Drive In / Grade-Level Doors	2
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.27 AC

Price	$349,999
Price Per SF	$51
Sale Type	Investment
Cap Rate	10%
Sale Conditions	Build to Suit Deferred Maintenance Building in Shell Condition
Property Type	Industrial
Property Subtype	Distribution General Retail Auto Repair Industrial Manufacturing Industrial Warehouse
Building Class	C
Lot Size	0.27 AC
Rentable Building Area	6,870 SF
No. Stories	2
Year Built	1950
Tenancy	Single
Parking Ratio	2.91/1,000 SF
Clear Ceiling Height	15 FT
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Fenced Lot

Front Loading

Lighting
Gas - Natural
Water - City
Sewer - County
Heating - Gas

1 of 1

Walk Score ®

Very Walkable (72)

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Transit Score® measures access to public transit.

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, Transit Score® & Bike Score?

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PROPERTY TAXES

Parcel Number	261400-120-350-0002-009-000-0000	Improvements Assessment	$25,000
Land Assessment	$10,000	Total Assessment	$35,000

PROPERTY TAXES

Parcel Number

261400-120-350-0002-009-000-0000

Land Assessment

$10,000

Improvements Assessment

$25,000

Total Assessment

$35,000

zoning

Zoning Code	Manufacturing (Building is Pre Existing Non-Conforming. Previous use was machine shop)
Manufacturing (Building is Pre Existing Non-Conforming. Previous use was machine shop)