Coworking Space with Conference
For Sale
Contact for pricing
27 Old Scottsville Chili Road, Rochester, NY 14624
Private offices share the property with meeting rooms, a full kitchen, and 24/7 access.
Property Size32,000 SF
Price / SF$0.00
Days on Market13
Property Features for 27 Old Scottsville Chili Road
General Information
Standard status
Active
Size
32,000 SF
Additional Details
Public Transit
Yes
Amenities
conference rooms
kitchen
smart TVs
whiteboards
fireplace
fish tank
24/7 accessibility
Listing Agency:
Berkshire Hathaway HomeServices Discover Real Estate
(585) 247-8250
Listed By:
William B. Howard · License #10301213414
(585) 261-1200
Source:
Nicholcityrealty
Added: Oct 14
Changed: Oct 25
Last Checked: Oct 24 at 5:19PM
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 Berkshire Hathaway HomeServices Discover Real Estate
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Investment Insights
Based on property information with market context.
This 32,000-square-foot coworking space offers private offices alongside shared meeting areas, including a conference room with capacity for 100 and several smaller rooms. The facility also has a full kitchen, smart TVs, whiteboards, a fireplace, and a large fish tank. Front and side entrances are on one level, and access is available 24/7.
At 27 Old Scottsville Chili Road in Chili, the property is on a bus route and close to shopping, banks, coffee shops, and restaurants.
At 27 Old Scottsville Chili Road in Chili, the property is on a bus route and close to shopping, banks, coffee shops, and restaurants.
Key Highlights
- 32,000‑square‑foot coworking property
- Private offices with shared conference rooms, including one with capacity for 100
- Several smaller meeting rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$460,224
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,204,480
$9.2M
Cap Rate 7%
$6,574,629
$6.6M
Cap Rate 9%
$5,113,600
$5.1M
Market Conditions
NOI Build-Up for 32,000 SF
Gross rent
$768.0K $24.00/SF
− Vacancy
−$154.4K −$4.82/SF
EGI
$613.6K $19.18/SF
− OpEx
−$153.4K −$4.79/SF
NOI
$460.2K $14.38/SF
Area
Rochester, NY
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,204,480
Cap Rate 7%
$6,574,629
Cap Rate 9%
$5,113,600
Alternative Uses
Best Use
Office B
$6.57M
$5.75M – $7.67M
NOI $460,224 @ 7.0% cap · market cap 4,602,240.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.77M
$7.67M – $10.23M
NOI $613,632 @ 7.0% cap · market cap 6,136,320.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Explore this area
Business Placement
Demographics for 14624, NY
37,200
Population
15,865
Households
2.3
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
27.4 sq mi
ZIP Area
1,358
Density / Sq Mi
$86,046
Median Household Income
$45,723
Median Earnings
$1,249
Median Rent
$172,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Rochester, NY
Frequently Asked Questions
What type of property is this?
Coworking space - Private offices share the property with meeting rooms, a full kitchen, and 24/7 access.
Where is this coworking space located?
The property is located at 27 Old Scottsville Chili Road Rochester, NY.
What are key features of this property?
This property features: 32,000‑square‑foot coworking property; Private offices with shared conference rooms, including one with capacity for 100; Several smaller meeting rooms
