50 Chestnut St, Rochester, NY 14604
This exceptional 2,000 square foot office space, located within a twelve-story, Class B building at 50 Chestnut Street in Monroe County, presents a unique opportunity. Built in 1930 and extensively renovated in 2016, the building boasts a blend of historic charm and modern amenities. The available space is situated on the upper and lower floors, connected by an internal spiral staircase, offering a flexible and creative layout. Ideal for a variety of businesses, this space is perfect for those seeking a unique and inspiring work environment. The location is easily accessible, a key benefit for both employees and clients. Beyond the space itself, tenants enjoy exclusive access to an on-site gym and secure bicycle storage, catering to a health-conscious workforce. A private restroom is also included within the suite. The entire building encompasses 148,524 square feet across multiple tenancies. This 2,000 square foot space is part of a larger building with a rich history, having served as a creative architectural studio for over three decades. The property sits on 0.66 acres of land. This is a rare opportunity to secure a distinctive office space in a highly desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.