360 Thurston Rd
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360 Thurston Rd
7,512 SF 100% Leased Retail Building Rochester, NY 14619 $354,051 CAD ($47 CAD/SF) 10% Cap Rate
Investment Highlights
- Income Monster (Commercial, Restaurant, Apartment)
- Partially Renovated
- Tons of Natural Light
Executive Summary
Nestled just three blocks from Brooks Ave, at 360 Thurston Rd in Rochester, NY, this gem is ripe for the picking. With a hefty investment already poured into it, the stage is set for a visionary to transform this space into a veritable cash cow. Picture 3,600 sq ft of prime retail/restaurant space equipped with a full kitchen, including a walk-in and a spanking new vent hood. The setup is screaming for a bustling eatery or a vibrant lounge/nightclub, complemented by fully fitted men’s and women’s restrooms. Upstairs, a 4-bedroom apartment waits to either bolster your income or become your urban retreat. Both levels are kitted out with on-demand HW, furnaces, and AC to keep the atmosphere just right. And let’s not forget the icing on the cake – a 2,500 sq ft back parking lot ready to host 10-12 cars. This isn’t just a building; it’s your next gold mine waiting for the right touch.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
7,512 SF
Building Class
C
Year Built
1925
Price
$354,051 CAD
Price Per SF
$47 CAD
Cap Rate
10%
NOI
$35,405 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.23
Land Acres
0.14 AC
Zoning
C-1 - Neighborhood Central District/ Small Scale Commercial Zoning. More info can be found here - https://ecode360.com/8679793
Parking
12 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
50 ft on Thurston
PROPERTY TAXES
Parcel Number | 261400-120-800-0002-005-000-0000 | Improvements Assessment | $107,168 CAD |
Land Assessment | $26,440 CAD | Total Assessment | $133,608 CAD |
PROPERTY TAXES
Parcel Number
261400-120-800-0002-005-000-0000
Land Assessment
$26,440 CAD
Improvements Assessment
$107,168 CAD
Total Assessment
$133,608 CAD
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360 Thurston Rd
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