Rochester, New York, offers a unique opportunity for investors to capitalize on the city's rich history, cultural attractions, and strong educational institutions. With 12 warehouses for sale, Rochester presents an attractive option for those looking to invest in industrial properties. Warehouses in Rochester can represent a range of investments, from light industrial spaces to heavy manufacturing facilities, offering a diverse array of opportunities for businesses and investors alike. Rochester's warehouses often feature amenities such as loading docks, cranes, and ample parking, making them well-suited for a variety of industrial uses. The city's infrastructure, including the Frederick Douglass Greater Rochester International Airport and the Louise M. Slaughter Rochester Station, provides easy access to transportation routes, while its location on the southern shore of Lake Ontario offers a unique advantage for businesses involved in water-based transportation. Additionally, Rochester is home to several esteemed educational institutions, including the University of Rochester and Rochester Institute of Technology, which provide a skilled workforce and opportunities for collaboration. The city's cultural attractions, such as the George Eastman Museum and the Memorial Art Gallery, also make it an attractive location for businesses and residents alike.
Rochester's warehouses are situated in a city that is steeped in history and culture, with a strong sense of community and a growing economy. In addition to its warehouses, Rochester offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Rochester are often located near major transportation routes, providing easy access to markets and suppliers. Land in Rochester offers opportunities for development and investment, with a range of zoning options available. Residential income homes in Rochester provide a steady stream of revenue for investors, while commercial real estate in the city offers a range of opportunities for businesses and entrepreneurs. With its unique blend of history, culture, and economic opportunity, Rochester is an attractive location for investors and businesses alike. The city's warehouses, in particular, offer a unique opportunity for investors to capitalize on the city's growth and development, with average prices per square foot of $122 USD and average sizes of 31,560 square feet. The largest warehouse available in Rochester spans 75,640 square feet, offering ample space for even the largest industrial operations. With an average cap rate of 8.18%, Rochester's warehouses offer a strong potential for return on investment.
What are the key features investors look for in warehouses in Rochester?
When searching for warehouses in Rochester, investors typically look for key features that ensure a strong return on investment, including:
- Average price per square foot of $122 USD, with an average size of 31,560 square feet, and a largest available size of 75,640 square feet, providing ample space for storage and operations.
- A competitive average cap rate of 8.18%, indicating a potential for strong returns on investment, with 12 available listings to choose from.
- Proximity to major transportation facilities, such as the Frederick Douglass Greater Rochester International Airport, Louise M. Slaughter Rochester Station, and New York State Thruway, ensuring easy access to regional and national markets.
What size warehouses are available to buy in Rochester?
Warehouses for sale in Rochester range in size from 31,560 square feet to 75,640 square feet, with an average price per square foot of $122 USD and an average cap rate of 8.18%, offering a total of 12 available listings to choose from.
How much does it cost to buy a warehouse in Rochester?
When it comes to buying a warehouse in Rochester, the cost can vary greatly depending on factors such as size, location, and condition, with the average price per square foot being $122 USD and the average size being 31,560 square feet, ranging from smaller options to larger facilities like the largest available warehouse, which spans 75,640 square feet, and with an average cap rate of 8.18%.
