601-603|613|614|191-209 W Main Street, Rochester, NY

$3,300,000

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62,000

Square feet

0.29

Acres

About 601-603|613|614|191-209 W Main Street

Exceptional opportunity to acquire the Bull's Head Portfolio in its entirety a five-building, mixed use commercial and multifamily collection (plus a billboard lease) offered as a single sale, not available individually, in Rochester's revitalizing Bull's Head (B.E.S.T.) neighborhood. Spanning West Main Street and Jefferson Avenue, the portfolio includes 50 residential apartments (studio, one, and two-bedroom) along with ground-floor commercial/retail storefronts and a leasing office. Offered at $3,300,000, representing an approximate 10% cap rate on stabilized net operating income. The portfolio pairs durable in-place income from long-tenured residential and storefront tenants with substantial value-add upside through lease-up of currently vacant units, most notably at The Gardens. Situated within a federally designated Opportunity Zone with potential capital-gains tax advantages, and positioned directly within the City's $350 million Bull's Head revitalization including the $17.9M West Main Gateway street improvements now underway. Held under single ownership for a clean, scalable acquisition. Full financials, rent roll, and offering memorandum available to qualified prospects upon request.

Features of 601-603|613|614|191-209 W Main Street

MLS® # R1689241
Price $3,300,000
Bathrooms 0.00
Square Footage 62,000
Square Footage 12632
Acres 0.29
Year Built 1920
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 601-603|613|614|191-209 W Main Street
Area Rochester City
Subdivision B.E.S.T.
City Rochester
County Monroe
State NY
Zip Code 14608

Amenities

Utilities Water Connected
Features Irregular Lot
Parking Spaces 20
Is Waterfront No
Has Pool No

Interior

Heating Other, See Remarks
Cooling Other, See Remarks
Fireplace No
# of Stories 3
Stories 3
Has Basement No

Exterior

Exterior Other
Lot Description Irregular Lot
Roof Other, See Remarks
Construction Other

School Information

District Rochester

Additional Information

Zoning c-2
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBenchmark Realty Advisors, LLC

Listing Map

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