89 East Ave Rochester, NY 14604
- Commercial real estate
- 144,568 SF
- 1.10 lot acres
Current Use by Public Records
- Monster Hots / Hot Dog Stand
- East.Ave Health Limited / Corporate Office
Property Details for 89 East Ave
- Year built
- 1926
- Lot size
- 1.10 lot acres
- Property size
- 144,568 SF
- Property type
- Commercial real estate
Description
This stunning, 12-story, neo-classical office building, located at 89 East Ave in Rochester, NY, presents a unique investment opportunity. Built in 1926 and extensively renovated between 2016 and 2018, this 144,568 square foot property boasts a prime downtown location on a 1.1-acre lot. The building's recent upgrades include significant improvements to HVAC, mechanical systems, lighting, and cosmetic features, all while preserving its historic character and limestone façade. Currently vacant, this historically designated building offers flexible mixed-use potential, accommodating office, retail, multi-family residential, and even hotel uses. Its location within an Opportunity Zone provides significant tax advantages for potential buyers. The property's size and versatility make it an ideal candidate for a variety of development scenarios, including expansion or redevelopment. The building's substantial square footage and central location offer unparalleled potential for a discerning investor seeking a landmark property in a thriving urban environment. The 1.1-acre lot offers ample space for additional parking or separate development projects, subject to zoning regulations. This is a rare chance to acquire a significant piece of Rochester's history and revitalize a prominent downtown asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.601878373248
- Latitude
- 43.156960950961
