Jim Pappas Commercial Real Estate

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Investment Property

 

Plaza For Sale – 9.35% cap rate

Features

  • Five tenants in place
  • One vacancy provides upside potential~2,500 SF on 2nd floor of white building
  • Excellent location on Monroe Ave in Rochester at the corner of Rutgers Street
  • Good income with stable tenants
  • Convenient parking~lot was replaced approximately 3 1/2 years ago
  • Two-story building painted 2 summers ago
  • Close to Rte. 490 / good expressway access

Property Details

Price: $1,100,000
Address: 746-758 & 762-766 Monroe Ave
City: Rochester
State: NY
ZIP: 14607
Property Type: Retail
Square Feet: 10,860
Year Built: 1950 / 1975
Acreage: .50
Parking: 25

Additional Features:
Close to Rte. 490, Excellent expressway access

Property Map

Additional Photographs

survey map of property

 

Recent News

SOLD Plaza in Henrietta

LEASED – 50,000 SF Warehouse

New Mini Storage / Under Construction

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What is a CCIM?

Jim Pappas received his CCIM Designation in 1991 CCIM stands for Certified Commercial … Learn More

(585) 424-6007

Jim Pappas

James (Jim) P. Pappas, CCIM
President
Lic. R/E Broker

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James (Jimmy) T. Pappas
Licensed Real Estate Salesperson

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