Property profile

50 Chestnut St Rochester, NY 14604

OFF-MARKET
Office Spaces
148,524 SF 0.66 ac lot Built 1930
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1930
Total area 148,524 SF
Lot 0.66 ac (28,750 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Training Center
  • Apartment Building Apartment Complex
  • Property Management Company
  • (Bike/Boat/Book/etc) Store

Location

50 Chestnut St Rochester, NY 14604
Rochester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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