45 Exchange Blvd - Office FOR SALE


Rochester, NY 14614- Downtown Rochester
$3,750,000 USD
585-766-7500
45 Exchange Blvd, Rochester, NY for Sale
$3,750,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

45 Exchange Blvd
Rochester, NY 14614
Downtown Rochester


HIGHLIGHTS

  • Located across the street from the Blue Cross Arena.
  • Right off Highway 490.
  • 15 minute walk to the Rochester Commuter Rail.
  • 10 minute drive to Fredrick Douglass/Greater Rochester International Airport.

OVERVIEW

Rochester's most iconic Art Deco skyscraper (1929), this building is designed by prominent NYC architect Ralph Walker and is topped with the dramatic "Wings of Progress" sculpture. For the past twenty years the property has been carefully managed by owner, Rich Calabrese, with particular attention to the restoration of original details, such as light fixtures, terrazzo floors, wood paneling, bas relief plaster, marble fireplaces, decorative ceilings, and Art Deco metalwork. Original exterior lighting for the "Wings" has been restored, as has the limestone base for that sculpture. Building is ideal for a mixed-use redevelopment project directly opposite Blue Cross Arena & Constellation Brands new world corporate HQ. Property is adjacent to the City’s ROC the Riverway Project as well as the Monroe County Court House and County Office Building. Financials: Building is currently 50% occupied with several full floor tenants. Rent roll, floors plans and Income & Expense report are available upon execution of a confidentiality agreement.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Times Square Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

12

BUILDING CLASS

B

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

Commercial

APN/PARCEL ID

261400-121-300-0001-029-000-0000

ASK ABOUT THIS PROPERTY

Robert MooreMoore Corporate Real EstateMore Info
585-766-7500

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Robert MooreMoore Corporate Real EstateMore Info
585-766-7500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.