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1132 Monroe Ave Rochester, NY 14620

Investment properties Google Maps
3,182 SF 0.08 ac lot Built 1910
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$245k
Range $221k – $270k (±10%)
Property ID US63-3071201

Property summary

AI-generated overview

This exceptional commercial property at 1132 Monroe Avenue in Rochester, NY, presents a unique investment opportunity. The building, totaling 4,773 square feet, sits on a 0.08-acre lot in the vibrant Upper Monroe business district, a high-traffic and highly walkable area. The first floor is currently configured as a fully operational restaurant, complete with a commercial kitchen featuring a fire suppression system and two walk-in coolers. The space comfortably seats approximately 30 patrons. Existing kitchen equipment is negotiable as part of the sale. Adding to the property's income potential is a separately metered upstairs apartment, previously rented for $1,200 per month. The building also offers ample storage space in the basement. Priced at $275,000, this property is ideal for an owner-operator seeking a turnkey restaurant operation or an investor looking for a mixed-use property with strong rental income potential. The high visibility location and established infrastructure make this a truly compelling investment opportunity in a thriving Rochester neighborhood. The property's combination of commercial and residential space provides a diverse revenue stream and significant upside potential. Don't miss this chance to acquire a well-positioned property in a desirable area.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 3,182 SF
Lot 0.08 ac (3,293 SF)
APN 261400 121.76-1-28
UPID US63-3071201

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2025
2 recorded transactions
2025
$150,000
2024
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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