Flex Space with Warehouse
For Sale
$415,000
161 Comfort Street, Rochester, NY 14620
Open-plan commercial space includes finished offices, two full bathrooms, and rear parking.
Property Size3,330 SF
Price / SF$124.62
Days on Market522
Property Features for 161 Comfort Street
General Information
Standard status
Active
Size
3,330 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
R-2
Site & Location
Neighborhood
Southwedge
Highway Access
Yes
Warehouse & Industrial
Clear Height
14 ft
Warehouse Space
2,997 SF
Power
200 amps
Taxes and HOA fees
Annual Taxes
$8,263
Building Details
Building Size
3,330 SF
Year Built
1956
Buildings
1
Stories
1
Listing Agency:
NORCHAR, LLC
(585) 244-4444
Listed By:
Evan Schaefer · License #10301220657
(585) 337-1764
Source:
Northstarwny
Added: May 23, 2025
Changed: Oct 25
Last Checked: Aug 4 at 3:27AM
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 NORCHAR, LLC
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Investment Insights
Based on property information with market context.
Built in 1956, 161 Comfort Street contains approximately 3,330 square feet arranged primarily as open warehouse and flex space, with finished offices at the front and two full bathrooms. The building includes 12-foot ceilings, 14-foot clear height to the joist, 200AMP electrical service, upgraded lighting, and a local security system. A new A/C mini-split system installed in 2024 serves the front office.
The property is located just off South Clinton Avenue in Rochester’s South Wedge neighborhood, with access to I-490 and Downtown Rochester. A private rear parking lot provides approximately 10 spaces through the side alleyway. The rear wall can accommodate installation of a grade-level door for shipping or deliveries. The property is offered for sale and may also be considered for lease to an established tenant.
The property is located just off South Clinton Avenue in Rochester’s South Wedge neighborhood, with access to I-490 and Downtown Rochester. A private rear parking lot provides approximately 10 spaces through the side alleyway. The rear wall can accommodate installation of a grade-level door for shipping or deliveries. The property is offered for sale and may also be considered for lease to an established tenant.
Key Highlights
- ±3,330 square feet of warehouse/flex space
- Approximately 90% open warehouse/flex area with 10% finished office space
- 12‑foot ceilings with 14‑foot clear height to the joist
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,964
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,280
$679.3K
Cap Rate 7%
$485,200
$485.2K
Cap Rate 9%
$377,378
$377.4K
Market Conditions
NOI Build-Up for 3,330 SF
Gross rent
$51.9K $15.60/SF
− Vacancy
−$3.4K −$1.03/SF
EGI
$48.5K $14.57/SF
− OpEx
−$14.6K −$4.37/SF
NOI
$34.0K $10.20/SF
Area
Rochester, NY
Vacancy
6.60%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,280
Cap Rate 7%
$485,200
Cap Rate 9%
$377,378
Alternative Uses
Best Use
Warehouse
$589.2K
$515.5K – $687.4K
NOI $41,242 @ 7.0% cap · market cap 9.94%
Second Best
Industrial
$485.2K
$424.6K – $566.1K
NOI $33,964 @ 7.0% cap · market cap 8.18%
Theoretical Best
Office A
$912.2K
$798.2K – $1.06M
NOI $63,856 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,367
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14620, NY
24,185
Population
13,060
Households
1.9
Avg Household Size
35
Median Age
56%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
5,497
Density / Sq Mi
$59,525
Median Household Income
$40,467
Median Earnings
$1,193
Median Rent
$197,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Rochester, NY
Similar Off Market Nearby
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- AVVINO Catering — 120 East Ave 2nd floor, Rochester, NY 14604
- Morgan's Cereal Bar — 255 East Ave, Rochester, NY 14607
Frequently Asked Questions
What type of property is this?
Flex space - Open-plan commercial space includes finished offices, two full bathrooms, and rear parking.
Where is this flex space located?
The property is located at 161 Comfort Street Rochester, NY.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: ±3,330 square feet of warehouse/flex space; Approximately 90% open warehouse/flex area with 10% finished office space; 12‑foot ceilings with 14‑foot clear height to the joist
