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Three-Building Mixed-Use Retail Portfolio
For Sale
$2,705,000

171183 Monroe Avenue, Rochester, NY 14607

Fully leased three-building portfolio featuring street-level retail and a residential penthouse along Monroe Avenue.

Property Size26,150 SF
Price / SF$103.44
Days on Market61

Property Features for 171183 Monroe Avenue

General Information

Standard status Active
Size 26,150 SF
Property subtype General Commercial
Occupancy 100%

Additional Details

Cap Rate 7.5%
Highway Access Yes

Taxes and HOA fees

Annual Taxes $18,324

Amenities

A/C - Other
3
Other
7 Parking Spaces.
100X50
Other Road Type.

Building Details

Year Built 1920
Stories 2
Tenancy Multi
Listing Agency: Benchmark Realty Advisors, LLC
Listed By: Michael Bowler · License #10401380884
Source: Xome
Added: Jun 12 Changed: Aug 11 Last Checked: Aug 11 at 5:48AM

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 Benchmark Realty Advisors, LLC

Investment Insights

Based on property information with market context.

Offered as a fully leased, three-building mixed-use commercial portfolio totaling 26,150 SF along Lower Monroe Avenue. The portfolio includes 171-183 Monroe with 6,736 SF of ground-level retail, 182-186 Monroe with 8,614 SF of retail plus a residential penthouse, and 190-194 Monroe (Yellow Square) with approximately 10,800 SF featuring a bar/restaurant, salon studio, and a 5,400 SF artist loft/event space with high ceilings and a freight elevator.

The buildings are positioned at the southern gateway to Rochester’s Inner Loop East and the Neighborhood of Play redevelopment corridor. The portfolio is steps from the Strong National Museum of Play and its ongoing expansion, near a new 175-room Hampton Inn & Suites, and within a walkable area to Downtown Rochester, Park Avenue, and the Neighborhood of the Arts. Regional transportation access includes RTS bus service, with I-490 and ROC airport within 15 minutes.

Occupancy is reported at 100% with a diverse tenant mix of retail, restaurant, service, and residential operations, and the offering is presented as a portfolio at a 7.5% blended cap.

Key Highlights

  • Fully‑leased, three‑building mixed‑use commercial portfolio totaling 26,150 SF on Lower Monroe Ave.
  • 171‑183 Monroe includes 6,736 SF ground‑level retail.
  • 182‑186 Monroe offers 8,614 SF retail plus a residential penthouse.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,709
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Dining 44% Home Improvements & Furnishings 1%
McDonald's Dining
31,020 visits/mo 0.5 miles
Speedway Shops & Services
11,749 visits/mo 0.1 miles
7-Eleven Shops & Services
8,624 visits/mo 0.5 miles
Pet Supplies Plus Shops & Services
7,353 visits/mo 0.3 miles
Dollar General Shops & Services
6,592 visits/mo 0.3 miles

Demographics for 14607, NY

16,298
Population
11,971
Households
1.4
Avg Household Size
32
Median Age
60%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
9,587
Density / Sq Mi
$56,270
Median Household Income
$44,018
Median Earnings
$1,129
Median Rent
$304,100
Median Home Value

Market

Vacancy Rate% for Retail in Rochester, NY

9.6% 2020
9.1% 2021
9% 2022
8.6% 2023
9.4% 2024
9.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased three-building portfolio featuring street-level retail and a residential penthouse along Monroe Avenue.
Where is this retail space located?
The property is located at 171183 Monroe Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $2,705,000.
What are key features of this property?
This property features: Fully‑leased, three‑building mixed‑use commercial portfolio totaling 26,150 SF on Lower Monroe Ave.; 171‑183 Monroe includes 6,736 SF ground‑level retail.; 182‑186 Monroe offers 8,614 SF retail plus a residential penthouse.
More about this property
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