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    Property profile & analytics
    OFF-MARKET Estimated value $715,000
    Strip malls

    620 Park Ave 636, Rochester, NY 14607-2943

    20,856 SF 1.24 ac lot Built 1950
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-1716768
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents two available storefront spaces within a larger multi-tenant building at 620-626 Park Avenue in the vibrant heart of downtown Rochester, NY. The building, constructed in 1950, boasts a total of 20,865 square feet, with 2,908 square feet currently vacant and ready for immediate occupancy. The available spaces range in size from 1,363 to 1,545 square feet, offering flexibility for a variety of retail businesses. The property sits on a sizable 1.24 acres of land and provides ample parking for customers and employees with 100 spaces available. Its central downtown location offers unparalleled accessibility and visibility, placing your business within easy walking distance of numerous cafes, restaurants, and other shops, ensuring high foot traffic and exposure to a diverse customer base. This is an ideal location for businesses seeking a thriving commercial environment in a well-established and highly desirable area of Rochester. The property's size and parking capacity make it suitable for a range of retail concepts. The existing infrastructure provides a solid foundation for immediate occupancy and customization to meet specific business needs. This is a rare opportunity to secure a prime retail space in a bustling downtown location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1950
    Total area 20,856 SF
    Lot 1.24 ac (54,014 SF)
    APN 261400 122.45-1-1
    UPID US63-1716768
    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
    Current use
    Occupant on record · Public records
    • Meliorum Technologies, Inc. Industrial Manufacturer Production Facility
    • Lighthouse Management, LLC Property Management Company
    • Empire Optics Ophthalmologist (Bike/Boat/Book/etc) Store
    • P&J Haus Home Decor Store Department Store
    • Maye Mediation, LLC Mediation Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $715k
    Owner & transaction history
    Park And Berkeley LLC · 4 yrs held
    Park And Berkeley LLC
    since 2021
    6 recorded transactions
    2021
    2020
    2020
    2008
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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