Sold

Industrial Warehouse Portfolio

1275 Mt Read Boulevard, Rochester, NY 14606

$1,225,000

Once in a lifetime Investor Opportunity. Industrial warehouse complex portfolio. Impressive double digit cap rate. 1275 Mount Read Boulevard. Consists of 42,000 square feet of industrial warehouse suites (50,000 square feet pictured with 1265 Mount Read Boulevard, (top left) available and sold separately). This incredible portfolio also features, 1265 Mount Read Boulevard. (pictured top left), a single use tenant that features an 8,000 square feet warehouse, offered at $395,000.00 and a 1,715 square feet 2 unit duplex located nearby 72 Stenson Street, offered at $79,000.00, 100% occupied. (Owner retained both 1265 Mount Read Boulevard and 72 Stenson Street prior to closing, buyer has first right of refusal for both). Inside the yellow outline, the layout is, Building 1, bottom left, Building 2 on the right, Building 3 is at the top right and the transfer dock in the middle. Over 15 tenants, inclusive of 3 anchor tenants. This property features warehouse buildings, 1,2,3 and transfer dock. Modern roofs, some flat metal, with rubber membrane, others sloped, varying electric services on-site, 110 amp to 3 phase 220 amp. Can also build an additional warehouse on-site (not built), owner cited a parking concern. The building would feature approximately 6,000 square feet warehouse, industrial lighting, office and bath areas.

42,000 Sq.Ft. LIVING AREA

2.95 Acres lot

Eric Whitlock

Eric Whitlock

Features & Amenities

Interior

  • other interior FeaturesOffice

Area & Lot

  • Total Area2.95 Acres
  • Living Area42,000 Sq.Ft.
  • Status Sold
  • MLS IDR1038933
  • YEAR BUILT1968
  • Architecture StylesOther

Exterior

  • other exterior FeaturesSecurity System

Financial

  • PRICE$1,225,000
  • Real Estate Taxes$35,354 / yearly
Industrial Warehouse Portfolio
Industrial Warehouse Portfolio

An Outstanding Cash Cow!

– Eric Whitlock
Industrial Warehouse Portfolio

Rochester

The Greater Rochester area has been one of America's top-rated places to live, work and play.

Explore

Work With Us

Since entering the real estate industry in 2010; Eric Whitlock takes great care to get to know his clients, learn their needs and motivations, before carefully crafting a plan and setting expectations that lead his clients to success.

Contact Us