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    126-130 Main St Rochester, NY 14604

    Sponsored
    For Sale
    $8,995,000

    Historic Downtown Rochester mixed-use gem.

    Property size:
    126,290 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This iconic 12-story, 126,290 square foot building, constructed in 1893, is situated on a 0.28-acre lot at the prominent northeast corner of East Main and Saint Paul Streets in Rochester, New York's vibrant downtown. Listed on the National Register of Historic Places since 1984, The Granite Building boasts impressive architectural details and character. Its floor plans are well-suited for a mixed-use or multifamily conversion. The property features four passenger elevators and one freight elevator. Recent renovations, completed within the last decade, include upgrades to several floors and the addition of a rooftop deck. The building's permitted zoning is CCD-M, Center City Main Street District, offering significant development potential. The asking price is $8,995,000, translating to $71.22 per square foot. This presents a unique opportunity to acquire a landmark property in a thriving urban core. The building's central location offers unparalleled access to downtown amenities and overlooks the Genesee River.

    Property Features for 126-130 Main St

    General Information

    Property type
    Multifamily properties
    Square Feet
    126,290 SF
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1893

    HighLights

    • 4 passenger elevators, 1 freight elevator.
    • Prime downtown Rochester location at the northeast corner of East Main & Saint Paul Streets.
    • CCD‑M (Center City Main Street District) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Law Firm Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6088199
    Latitude
    43.1567562

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    FAQs

    What type of property is this?
    Multifamily property - Historic Downtown Rochester mixed-use gem.
    Where is this multifamily property located?
    The property is located at 126-130 Main St Rochester, NY.
    What is the asking price?
    The asking price for this property is $8,995,000.
    What are key features of this property?
    This property features: 4 passenger elevators, 1 freight elevator.; Prime downtown Rochester location at the northeast corner of East Main & Saint Paul Streets.; CCD-M (Center City Main Street District) zoning.
    (585) 489-9512
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    126-130 Main St Rochester, NY 14604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126-130 Main St Rochester, NY 14604
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