Commercial Listing

For Sale

184 Smith Street

184 Smith Street, Rochester, NY 14608
$395,000

184 Smith Street presents an opportunity to acquire an occupied industrial investment property in Rochester, New York. The ±5, 000-square-foot block building is situated on approximately 0.39 acres and features a durable steel roof and functional interior improvements suited to its current industrial use. The property is occupied by ROC Recycling Company, which operates a bottle and can redemption facility at the site. The tenant has occupied the property under lease since 2017 and recently executed a renewal extending its occupancy through December 31, 2031, providing an investor with established income and long-term occupancy.

Highlights:
• ±5,000 SF industrial building
• Approximately 0.39 acres
• Occupied single-tenant investment
• Lease term through December 31, 2031
• Block construction with steel roof
• Established bottle and can return operation
• Cash-flow details available upon inquiry

Property type
Industrial
Building size
5,000 SF RBA
Lot size
0.39 acres
Year built
1940
Occupancy
100%
Zoning
CCD-R Center City Riverfront
Cap rate
9.93%
NOI
$39,224