$265,000
Introducing an unparalleled redevelopment opportunity nestled in the heart of Downtown Rochester, this historic gem, dating back to 1900, beckons visionary owners, developers, and commercial operators alike. Boasting a substantial 16,586 SF floor plan on a 9,148 Sqft parcel footprint at the crossroads of Alexander and Broadway Street, this property is a canvas awaiting the brushstroke of innovation.
The building, a testament to significant original architecture, presents a prime prospect for owner-users seeking a distinctive space. Strategically positioned within an opportunity zone, the potential for state and federal tax credits further enhances the allure for savvy developers. The canvas unfolds with promise, inviting creative minds to envision a variety of possibilities—whether a rejuvenated place of worship, one-of-a-kind apartments, a cutting-edge self-storage facility, or a dynamic commercial enterprise.
While the building requires tender loving care, its enviable location just minutes away from the vibrant scenes of Downtown, South Wedge, Monroe Ave, and Park Ave, coupled with swift interstate access, makes it a magnetic focal point for strategic endeavors. In an age where unique spaces are cherished, this property stands as a testament to vast potential.
Acquiring this property isn't merely a real estate transaction; it's an opportunity to weave your aspirations into the fabric of Rochester's community. Become the steward of this slice of history, leaving an indelible mark on the city's growth story. Seize the chance to craft something truly special and contribute to the ongoing narrative of Rochester's evolution.
R1658759
MLS
159 Alexander Street, Rochester