Listing ID R1397908
Sold For$775,000
SqFt
10,679
Acres
2.130
Status Closed
County Monroe
Year Built 1986
Property Type Commercial Sale
Property Sub Type Office
INVESTMENT OPPORTUNITY ONLY - PLEASE NOTE - ENTIRE BUILDING IS OCCUPIED BY TENANT AND THE TENANT HAS A LEASE IN PLACE. Free-standing Building with ample parking in the Industrial District off of John Street. 10,670 sq. ft. building with the flexibility of Office and Warehouse space. Great location convenient to RIT and other Industrial and Office Buildings. Existing Lease on the building allows buyer a strong investment opportunity. 5 year lease in place which started on 8/1/21. Gross lease for the entire building. Long standing tenant continues to occupy the building. New roof in 2016, new High Efficiency Boiler installed in 2017 and all lighting retrofitted with LED fixtures in 2018.
County
Monroe
Property Sub Type
Office
Property Type
Commercial Sale
Subdivision
John Bailey High Tech Cen
Year Built
1986
Zoning
Office
Directions
Starting from John Street to Highpower Rd to Research Blvd.
Elementary School District
Rush-Henrietta
High School District
Rush-Henrietta
MLS Area Major
Henrietta-263200
Middle Or Junior School District
Rush-Henrietta
Postal City
Rochester
Township
Not Applicable
Waterfront
no
Zoning Description
Commercial
Buyer Financing
Cash
Gross Income
102000
Inclusions
Building Only,Land and Building
Lease Considered
no
Listing Terms
Cash, Conventional
Net Operating Income
60100
Operating Expense
17200
Operating Expense Includes
License(s), Maintenance, Other, See Remarks, Snow Removal
Possession
Close Of Escrow, Subject To Tenant Rights
Special Listing Conditions
Standard
Tax Annual Amount
24700
Tax Assessed Value
770600
Tax Lot
9
Basement
no
Basement Type
None
Building Features
Floor Drain(s), Office, Other, Public Restrooms, See Remarks
Cooling
yes
Cooling Type
Central Air
Fireplace
no
Flooring
Concrete, Carpet
Heating
yes
Heating Type
Gas, Zoned, Forced Air
Levels
One
Living Area
10679
Stories
1
Stories Total
1
Construction Materials
Block
Lot Size Area
2.13
Lot Size Dimensions
201X449
Lot Size Square Feet
92783
Lot Size Units
Acres
Number Of Buildings
1
Number Of Units Total
1
Parking Features
Parking Lot
Parking Total
72
Roof
Flat, Membrane, Rubber
Sewer
Public Sewer
Utilities
Sewer Connected, Water Connected
Water Source
Public
Accessibility Features
Accessible Doors
CLIP
8749348034
Human Modified
no
Listing Association
Rochester
Mls Status
Closed
Permission
IDX
Possible Use
Manufacturing, Office, Other, Warehouse
Property Condition
Resale
Property Sub Type Additional
Office, Commercial
Year Built Details
Existing
Contact - Listing ID R1397908
Syracuse Realty Group
106 South Main Street
North Syracuse, NY 13212
Phone: 3154100373
Fax: 3154100375
bherzig@syracuserealtygroup.com,ozzie@syracuserealtygroup.com
Data services provided by IDX Broker