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    OFF-MARKET
    Specialty properties

    1671 Mount Hope Ave, Rochester, NY 14620

    32,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,857 square foot retail or office space is located within the vibrant Mt. Hope Shopping Plaza at 1671 Mt. Hope Ave, Rochester, NY 14620. The single-story, Class B building, renovated in 2017, offers a total of 32,000 square feet and is situated in a high-traffic area with an estimated 32,000 vehicles passing daily. The space is immediately available and benefits from excellent visibility and accessibility, featuring three driveways for convenient loading and unloading. The plaza boasts a diverse mix of established co-tenants, including Family Dollar, Country Sweet, Sultans', SEA Restaurant, a nail salon, laundromat, and a grocery store, ensuring a steady flow of foot traffic. Its prime location offers easy access to major thoroughfares, including Expressway 390, and is within a five-minute drive of the University of Rochester, Strong Memorial Hospital, and within ten minutes of downtown Rochester, Highland Hospital, Monroe Community College, and the Veterans Administration. The surrounding area is characterized by a well-established residential and office community, providing a strong customer base. The property is professionally maintained and offers the potential to lease additional kiosk space. The building's rear houses medical offices, and across the street, you'll find Mavis, Taco Bell, St. Ann's Church, beauty salons, and a bicycle store. This presents a unique opportunity for businesses seeking a high-visibility location in a thriving commercial area.

    Property profile
    Verified
    Property type Specialty properties
    Total area 32,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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