169 Flanders St Rochester, NY 14619
- Commercial real estate
- 13,300 SF
- 0.56 lot acres
Current Use by Public Records
- River Campus Storage / Storage Facility / Self-Storage Facility
Property Details for 169 Flanders St
- Year built
- 1917
- Lot size
- 0.56 lot acres
- Property size
- 13,300 SF
- Property type
- Commercial real estate
Description
River Campus Storage, located at 169 Flanders St, Rochester, NY, presents a compelling investment opportunity in the thriving Rochester market. This established, climate-controlled self-storage facility boasts 115 units across two floors, totaling 8,675 net rentable square feet. Unit sizes range from compact 5x5 lockers to spacious 14x19 units, catering to diverse storage needs. The property sits on a 0.56-acre lot and includes an outdoor parking area. A significant renovation in 2018 modernized the facility, enhancing its appeal and functionality. Modern amenities include 24/7 video surveillance, electronic gate access, and a well-lit property, ensuring tenant security. The property also features an on-site leasing office, ready for new management. The HVAC system was upgraded in 2017/2018, incorporating two new electric furnaces and six dual-zone mini-split systems, ensuring efficient climate control. This turnkey operation benefits from a strong existing client base and a prime location near the University of Rochester. The property's strong financials make it an attractive prospect for those seeking an SBA loan, requiring only a 10% down payment. The total building size is 13,300 square feet, and the asking price is $599,999. This is a rare opportunity to acquire a profitable, well-maintained self-storage facility in a desirable location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.65
- Latitude
- 43.1357
