186-188 Water St Rochester, NY 14604
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.