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169-171 Flanders St - River Campus Self Storage Facility

13,300 SF Specialty Building Offered at $850,482 CAD in Rochester, NY 14619

Investment Highlights

  • Ideally located near the University of Rochester’s River Campus
  • Great Value-Add Potential with Onsite Managment
  • 24/7 Security & Secure Entry
  • Vertically Integrated Facility Management

Executive Summary

Benchmark Realty Advisors is pleased to exclusively present River Campus Storage, a premier climate controlled self-storage facility in Rochester, NY. This property offers an exceptional investment opportunity with a robust client base, modern amenities, and a prime location near the University of Rochester. The property was renovated in 2018 to offer 115 climate controlled units over two floors with a total of 8,675 Net Rentable SF. Size of units range from small lockers (5x5), to large storage spaces (14x19), and outside parking spots, accommodating a variety of storage needs. Leasing office on site, 24/7 video surveillance, electronic gate code access, and a well-lit premises ensures the safety and peace of mind for all tenants. HVAC updated in 2017/18 including (2) new electric furnaces, and (6) dual-zone mini split systems. This property offers newcomers to the self storage industry potential to finance with an SBA loan with only 10% down.
• Value Add: Strong pro forma potential with expert, onsite management of the facility.
• Turnkey Operation: Fully operational, this facility represents a turnkey opportunity for both seasoned investors and newcomers to the self-storage industry to hold the keys to a great business, and real estate opportunity.
• Growth Opportunity: Potential for expansion and additional services such as packing supplies and truck rentals to increase revenue.
• Proximity to River Campus: Ideally located near the University of Rochester’s River Campus, attracting students, faculty, and local residents needing extra storage space.

Property Facts

Price $850,482 CAD
Price Per SF $64 CAD
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 0.56 AC
Building Size 13,300 SF
No. Stories 2
Year Built/Renovated 1917/2018
Parking Ratio 2.63/1,000 SF

Amenities

  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
261400-135-240-0001-007-000-0000
Land Assessment
$87,759 CAD
Improvements Assessment
$286,343 CAD
Total Assessment
$374,102 CAD

zoning

Zoning Code Commercial (C-1 Neighborhood Center - also located in an O-A Overlay Airport District)
Commercial (C-1 Neighborhood Center - also located in an O-A Overlay Airport District)
  • Listing ID: 32654787

  • Date on Market: 2024-08-01

  • Last Updated:

  • Address: 169-171 Flanders St, Rochester, NY 14619

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