Multi-Use Commercial Flex
308 Driving Park Ave Rochester, NY 14613
For Sale
$285,500
Three-unit commercial building includes warehouse and office areas with 10-ft overhead doors and an additional storage unit.
Property Size2,680 SF
Price / SF$106.53
Days on Market317
Property Features for 308 Driving Park Ave
General Information
- Standard status
- Active
- Size
- 2,680 SF
- Property subtype
- Office
Building Details
- Year Built
- 1940
Listing Agency:
(585) 820-2242
Listed By:
Blue Arrow Real Estate
(585) 820-2242
Source:
Xome
Added: Sep 13, 2025
Changed: Jul 23
Last Checked: Jul 26 at 3:04AM
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 Blue Arrow Real Estate
Investment Insights
Based on property information with market context.
This versatile commercial building is configured as three distinct units, providing flexibility for a variety of business uses. One unit is currently set up as an apartment, with the ability to be adapted for retail, personal services, or office use. A spacious warehouse area includes a 10-ft overhead door and separate room(s), suited for uses such as an auto detailing or paint shop, small manufacturing, or contractor workspace. The property also includes an oversized office area that can function as a showroom, studio, or administrative space, plus an additional storage unit featuring a 10-ft door for owner storage or potential lease income.
The building is located just steps from a high-traffic intersection, offering visibility and accessibility, with quick access to downtown Rochester and major expressways.
Overall, the on-site combination of warehouse space, office space, and two 10-ft door openings supports a range of operations that require both functional work areas and dedicated front or administrative space.
The building is located just steps from a high-traffic intersection, offering visibility and accessibility, with quick access to downtown Rochester and major expressways.
Overall, the on-site combination of warehouse space, office space, and two 10-ft door openings supports a range of operations that require both functional work areas and dedicated front or administrative space.
Key Highlights
- Three‑unit M‑1 commercial building with warehouse and office areas
- Warehouse includes a 10‑ft overhead door; additional storage unit also features a 10‑ft door
- Spacious office area that can function as a showroom, studio, or administrative space
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.8k | $15.60 |
| − Vacancy | −$2.8k | −$1.03 |
| EGI | $39.0k | $14.57 |
| − OpEx | −$13.7k | −$5.10 |
| NOI | $25.4k | $9.47 |
2,680 SF · lease $15.60/SF/yr · vacancy 6.60% · expense 35.00%
Alternative Uses
Best Use
Office B
$550.6K
$481.8K – $642.4K
NOI $38,544 @ 7.0% cap · market cap 13.50%
Second Best
Warehouse
$474.2K
$414.9K – $553.2K
NOI $33,191 @ 7.0% cap · market cap 11.63%
Theoretical Best
Office A
$734.2K
$642.4K – $856.5K
NOI $51,392 @ 7.0% cap · market cap 18.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Three-unit commercial building includes warehouse and office areas with 10-ft overhead doors and an additional storage unit.
Where is this flex space located?
The property is located at 308 Driving Park Ave Rochester, NY.
What is the asking price?
The asking price for this property is $285,500.
What are key features of this property?
This property features: Three‑unit M‑1 commercial building with warehouse and office areas; Warehouse includes a 10‑ft overhead door; additional storage unit also features a 10‑ft door; Spacious office area that can function as a showroom, studio, or administrative space
