126-130 Main St Rochester, NY 14604
This iconic 12-story, 126,290 square foot building, constructed in 1893, is situated on a 0.28-acre lot at the prominent northeast corner of East Main and Saint Paul Streets in Rochester, New York's vibrant downtown. Listed on the National Register of Historic Places since 1984, The Granite Building boasts impressive architectural details and character. Its floor plans are well-suited for a mixed-use or multifamily conversion. The property features four passenger elevators and one freight elevator. Recent renovations, completed within the last decade, include upgrades to several floors and the addition of a rooftop deck. The building's permitted zoning is CCD-M, Center City Main Street District, offering significant development potential. The asking price is $8,995,000, translating to $71.22 per square foot. This presents a unique opportunity to acquire a landmark property in a thriving urban core. The building's central location offers unparalleled access to downtown amenities and overlooks the Genesee River.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
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Costs & Benchmarks
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Risks
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