Flex Space with Loading
For Sale
Contact for pricing
850 Saint Paul Street, Rochester, NY 14605
Adaptable industrial space with office options, overhead doors, crane service, and secured automated parking.
Property Size141,267 SF
Price / SF$0.00
Days on Market85
Property Features for 850 Saint Paul Street
General Information
Standard status
Active
Size
141,267 SF
Property subtype
CommercialLease
Additional Details
Highway Access
Yes
Amenities
loading docks
2 ton lifting crane
grade level docks
overhead doors
full time maintenance personnel
fork lift operators
new LED lighting
new paint
Listing Agency:
Leverage Properties LLC
Listed By:
Anthony J. Cashette
(585) 329-4205
Source:
Nicholcityrealty
Added: Jul 24
Changed: Oct 15
Last Checked: Oct 14 at 10:51PM
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 Leverage Properties LLC
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Investment Insights
Based on property information with market context.
This flex-space property occupies a converted 19th-century buckle factory and combines distribution, manufacturing, warehouse, and office capabilities. Available configurations include approximately 18k SF, or divisible 6k SF and 12k SF areas with 2k SF of office space included. Improvements include new LED lighting and completed interior painting.
Loading infrastructure includes a private dock, three grade-level doors, multiple overhead doors, and a 2-ton lifting crane. The fenced parking lot is fully automated. Full-time maintenance personnel are on site, and forklift operators are available during normal business hours for vehicle unloading.
The property is located at 850 Saint Paul Street in Rochester, approximately 5 minutes from downtown and the area expressways.
Loading infrastructure includes a private dock, three grade-level doors, multiple overhead doors, and a 2-ton lifting crane. The fenced parking lot is fully automated. Full-time maintenance personnel are on site, and forklift operators are available during normal business hours for vehicle unloading.
The property is located at 850 Saint Paul Street in Rochester, approximately 5 minutes from downtown and the area expressways.
Key Highlights
- Approximately 18k SF available, divisible into 6k SF or 12k SF configurations
- 2k SF of office space included with the divisible configurations
- Private loading dock, three grade‑level doors, and multiple overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,337,906
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,758,120
$26.8M
Cap Rate 7%
$19,112,943
$19.1M
Cap Rate 9%
$14,865,622
$14.9M
Market Conditions
NOI Build-Up for 141,267 SF
Gross rent
$2.20M $15.60/SF
− Vacancy
−$145.4K −$1.03/SF
EGI
$2.06M $14.57/SF
− OpEx
−$720.4K −$5.10/SF
NOI
$1.34M $9.47/SF
Area
Rochester, NY
Vacancy
6.60%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,758,120
Cap Rate 7%
$19,112,943
Cap Rate 9%
$14,865,622
Alternative Uses
Best Use
Warehouse
$24.99M
$21.87M – $29.16M
NOI $1,749,569 @ 7.0% cap · market cap 29,159,483.33%
Second Best
Industrial
$20.58M
$18.01M – $24.01M
NOI $1,440,822 @ 7.0% cap · market cap 24,013,700.00%
Theoretical Best
Office A
$38.70M
$33.86M – $45.15M
NOI $2,708,936 @ 7.0% cap · market cap 45,148,933.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
995
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14605, NY
12,172
Population
5,141
Households
2.4
Avg Household Size
31
Median Age
12%
College-Educated
69%
High-School Grad
1.8 sq mi
ZIP Area
6,762
Density / Sq Mi
$23,255
Median Household Income
$27,571
Median Earnings
$815
Median Rent
$81,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Rochester, NY
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable industrial space with office options, overhead doors, crane service, and secured automated parking.
Where is this flex space located?
The property is located at 850 Saint Paul Street Rochester, NY.
What are key features of this property?
This property features: Approximately 18k SF available, divisible into 6k SF or 12k SF configurations; 2k SF of office space included with the divisible configurations; Private loading dock, three grade‑level doors, and multiple overhead doors
