226 Jay St | Rochester, NY 14608
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- LoopNet Team
226 Jay St
Rochester, NY 14608
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Exceptional 1031 Opportunity
- Strong tenant performance in 2020 despite the coronavirus pandemic with diversified revenue stream
- Tenant paid for new roof in 2018 with 20 year warranty in place
- Absolute Net Lease at below market rate that is personally guaranteed
- Significant bolt down costs limiting tenants ability to move with over $2MM invested in new machinery in 2019
- Fully air conditioned with wet sprinkler system
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1988/1997 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 4.56 AC | No. Dock-High Doors/Loading | 3 |
| Rentable Building Area | 59,670 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | ||
| Zoning | M-1 Industrial | ||
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 4.56 AC |
| Rentable Building Area | 59,670 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1988/1997 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-1 Industrial |
PROPERTY TAXES
| Parcel Number | 261400 105.84-1-5.001 | Improvements Assessment | $1,644,000 |
| Land Assessment | $91,000 | Total Assessment | $1,735,000 |
PROPERTY TAXES
Parcel Number
261400 105.84-1-5.001
Land Assessment
$91,000
Improvements Assessment
$1,644,000
Total Assessment
$1,735,000
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