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    186-188 Water St Rochester, NY 14604
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    Property profile & analytics

    186-188 Water St Rochester, NY 14604


    • Office buildings
    • 7,150 SF
    • 0.17 lot acres
    Off-Market
    Last Sale Jul 8, 2022
    $650,000
    Property ID
    US63-3798147
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 186-188 Water St

    Year built
    1930
    Lot size
    0.17 lot acres
    Property size
    7,150 SF
    Property type
    Office buildings
    APN
    261400 106.79-1-4.001
    APU
    2614001067914001

    Description

    This exceptional 7,000 square foot office space, located at 186-188 North Water Street in downtown Rochester, NY 14604, is available for lease. Previously occupied by an engineering firm, the lower-level space offers a flexible layout including numerous private offices, open work areas with built-in workstations, and multiple conference rooms. The space is easily divisible into two suites, each approximately 3,000-4,000 square feet, depending on tenant needs. The entire building encompasses 14,300 square feet and is classified as Class B. This prime location offers unparalleled convenience, situated next to the inner loop for easy access to major highways. A variety of restaurants and amenities are within walking distance, including the nearby Roc the Riverway development. This is a fantastic opportunity for a business seeking a well-appointed, adaptable space in a vibrant downtown setting. The property is a single-tenant occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $590,000
      ML approach
      $515,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $898,000
      Market price range: $277k - $899k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $590,000
      Current use
      RESTAURANT
      $910,000
      Change: +54% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $765,000
      Change: +29% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $495,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6112
    Latitude
    43.1602
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $32,200
    $467,800
    $500,000
    -
    $38,795
    $563,615
    $602,410
    More about this property
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