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421 University Ave
Rochester, NY 14607

Office Property For Sale

Investment Highlights

  • Ownership Opportunity In Unbeatable NOTA Location
  • Ample Parking In Adjacent Lot With Direct Building Access
  • ADA Compliant
  • Open Landscape, Spacious Office Layouts
  • Historic Structure Renovated To Class A High Quality Standards
  • Full Renovation With All New Mechanicals (2018)

PROPERTY FACTS

Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
14,000 SF
Building Class
B
Year Built/Renovated
1910/2020
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,667 SF
Slab To Slab
11’
Building FAR
0.41
Lot Size
0.78 AC
Zoning
R-3
Parking
30 Spaces (2.14 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Central Heating
  • High Ceilings
  • Natural Light
  • Air Conditioning

About 421 University Ave , Rochester, NY 14607

Rare opportunity to purchase a recently renovated building within the Neighborhood Of The Arts District in the city of Rochester. * Attractive investment opportunity in one of the strongest locations within the greater Rochester MSA. * Long term leases offer stable in-place cash flow to an investor. * Suitable 1031 exchange for those seeking stabilized replacement property with low property maintenance. Property composition includes: 1) 9,000+/- square foot office space, floors 2 & 3, leased to anchor tenant (professional services firm) 2) 1,200+/- square foot office space, floor 1, leased to professional services firm 3) 1,000+/- square foot spacious one bedroom apartment unit, floor 1, constructed and completed in early 2021 Please contact Endeavor Real Estate Group to receive the Property's financials and the comprehensive Offering Memorandum.

  • Listing ID: 18626585

  • Date on Market: 2/24/2020

  • Last Updated:

  • Address: 421 University Ave, Rochester, NY 14607

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