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Five-Story Hotel with Storefronts

158 N CLINTON AVE Rochester, NY 14604

158 N CLINTON AVE, Rochester, NY, 14604
$2,750,000
For Sale
$2,750,000

Five-story hotel with 63 rooms plus two storefront spaces, currently used for emergency and extended-stay housing.

Property Size21,317 SF
Price / SF$129.01
Days on Market138

Property Features for 158 N CLINTON AVE

General Information

Standard status
Active
Size
21,317 SF
Property subtype
General Commercial

Building Details

Year Built
1923
Listing agency Peters Realty Group
Listed by Jess Peters
Source Xome
Added: Mar 7 Updated: Jul 20 at 7:31PM Checked: Jul 22 at 3:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Peters Realty Group


Investment Insights

Based on property information with market context.

Located in downtown Rochester on N Clinton Avenue, this five-story hotel offers 63 rooms along with two storefront spaces. The property is currently operated for emergency housing, extended-stay occupants, and longer-term tenancy, providing an adaptable setup for a range of ownership strategies.

The building is described as solid and includes a newer roof and upgraded utilities. At closing, the property will include a brand-new Certificate of Occupancy.

For qualified buyers, the seller notes possible owner financing for the right buyer with 50% down.

Key Highlights

  • Five‑story hotel at 113 N Clinton Ave with 63 rooms plus 2 storefront spaces
  • Currently used for emergency housing and extended‑stay occupants (longer‑term tenancy also noted)
  • Year built: 1923

Local Financial Insights For Hotel Hospitality

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $307.0k $14.40
− Vacancy −$46.0k −$2.16
EGI $260.9k $12.24
− OpEx −$137.0k −$6.43
NOI $123.9k $5.81
21,317 SF · lease $14.40/SF/yr · vacancy 15.00% · expense 52.50%

Alternative Uses

Best Use
Retail
$4.13M
$3.61M – $4.82M (±1% cap)
NOI $289,115 @ 7.0% cap · market cap 10.51%
Second Best
Hotel Hospitality
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $123,937 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$5.84M
$5.11M – $6.81M (±1% cap)
NOI $408,775 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store Garden Center Butcher Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Hotel - Five-story hotel with 63 rooms plus two storefront spaces, currently used for emergency and extended-stay housing.
Where is this hotel located?
The property is located at 158 N CLINTON AVE Rochester, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Five‑story hotel at 113 N Clinton Ave with 63 rooms plus 2 storefront spaces; Currently used for emergency housing and extended‑stay occupants (longer‑term tenancy also noted); Year built: 1923
Contact an agent
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