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Well-Leased Office Building For Sale
For Sale
$7,603,686

255 East Avenue, Rochester, NY 14604

176,000 SF office building in vibrant mixed-use location.

Property Size176,000 SF
Price / SF$43.20
Days on Market149

Property Features for 255 East Avenue

General Information

Standard status Active
Size 176,000 SF
Property subtype Office
Listing Agency: CBRE - Rochester
Listed By: Angelo Nole · License #Licensed Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Aug 14 Last Checked: Aug 19 at 6:06AM

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 CBRE - Rochester

Investment Insights

Based on property information with market context.

Farash Place is a 176,000 square foot office building with a 581-space parking deck. Situated on the edge of Downtown Rochester, at 255 East Ave, the property is located in a walkable neighborhood. The well-leased facility offers a secure core income stream and significant upside potential. Over $5.75 million in capital improvements have recently been completed. The property has a weighted average lease term of 6.2+ years and is located in a sought-after walkable micro-district on the edge of Downtown.

Key Highlights

  • Secure core income stream with upside potential.
  • Well‑leased facility with a weighted average lease term of 6.2+ years.
  • Sought‑after location in a walkable "micro‑district" on the edge of Downtown Rochester.

Property Analytics

Current Use

Farash Corporation Construction Company INSPYR Solutions Employment Agency New York State ... Advocacy Group Ronsvalle Patti Lcsw Physician Internal Revenue Service ... Government Office

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

3,822
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

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 building - 176,000 SF office building in vibrant mixed-use location.
Where is this office building located?
The property is located at 255 East Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $7,603,686.
What are key features of this property?
This property features: Secure core income stream with upside potential.; Well‑leased facility with a weighted average lease term of 6.2+ years.; Sought‑after location in a walkable "micro‑district" on the edge of Downtown Rochester.
More about this property
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