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Two-Level Office Suite
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186-188 N Water St, Rochester, NY 14604

Main-level and lower-level office space includes private offices, workstation areas, and conference rooms.

Property Size7,000 SF
Days on Market14

Property Features for 186-188 N Water St

General Information

Standard status Active
Size 7,000 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Anchor Real Estate Advisors
Listed By: Joseph F. "Joe" Rowley, Jr. · License #10491211217
Source: Moodyscre
Added: Jul 17 Changed: Jul 27 Last Checked: Jul 30 at 9:49AM

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 Anchor Real Estate Advisors

Investment Insights

Based on property information with market context.

Available for lease is professional office space totaling 7,000 square feet on the main level, with an additional 7,000 square feet on the lower level. The layout is well suited for office users, with multiple private offices, open work areas featuring built-in workstations, and conference rooms.

The lower level can be configured into two separate suites, with sizes ranging from approximately 3,000 to 4,000 square feet each depending on the desired arrangement.

Formerly occupied by an engineering firm, the space includes a mix of enclosed offices and collaborative work areas, offering flexibility for tenant buildout within the existing office configuration.

Key Highlights

  • 7,000 SF of professional office space available on the main level for lease
  • Additional 7,000 SF of office space available on the lower level
  • Formerly occupied by an engineering firm and includes private offices, open areas with built‑in workstations, and conference rooms

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Veterinary Clinic Butcher Clothing & Fashion 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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,048
Businesses Nearby

Demographics for 14604, NY

3,138
Population
2,367
Households
1.3
Avg Household Size
39
Median Age
62%
College-Educated
94%
High-School Grad
0.3 sq mi
ZIP Area
10,460
Density / Sq Mi
$63,672
Median Household Income
$62,935
Median Earnings
$1,253
Median Rent
$705,100
Median Home Value

Market

Lease Benchmarks for Rochester, NY

$38.67 /SF/Yr
Avg Asking Price
$0.52–$851 /SF/Yr
Price Range
10,196 SF
Avg Space Size

This space is priced 69% below the average of $38.67 /SF/Yr.

Vacancy Rate% for Office in Rochester, NY

8.6% 2019
13.1% 2020
15.9% 2021
22.8% 2022
22.6% 2023
22.1% 2024
20.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Main-level and lower-level office space includes private offices, workstation areas, and conference rooms.
Where is this office units located?
The property is located at 186-188 N Water St Rochester, NY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 7,000 SF of professional office space available on the main level for lease; Additional 7,000 SF of office space available on the lower level; Formerly occupied by an engineering firm and includes private offices, open areas with built‑in workstations, and conference rooms
(585) 820-3153 Call to check price and availability
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