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Key Details
Sold Price $520,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 8,819 sqft
Price per Sqft $58
MLS Listing ID R1577081
Sold Date 05/01/25
Construction Status Existing
HOA Y/N No
Year Built 1940
Annual Tax Amount $9,726
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 55X139
Property Sub-Type Business
Property Description
1. Fully Rented Apartments:
Four Apartments on the Second Floor: Fully rented units imply immediate rental income, which is appealing for cash flow-focused investors.
Separate Utilities: Each unit having separate utilities simplifies billing and attracts tenants looking to manage their own utility costs.
2. Retail Storefronts:
Three Storefronts on Street Level: The retail spaces could appeal to small businesses, offering high visibility and foot traffic.
Flexible Layout: The ability to merge the storefronts provides versatility. A new owner could either rent them as individual units or offer a larger space for a single tenant.
3. Parking Amenities:
Dedicated Tenant Parking: Four parking spaces for tenants is a bonus, especially in areas where parking is limited.
Additional Off-Street Parking: This additional space increases convenience for both tenants and customers of the retail stores, enhancing the property's appeal.
Location
State NY
County Monroe
Area Rochester City-261400
Zoning Multi Uses
Interior
Heating Gas, Forced Air
Flooring Carpet, Hardwood, Varies
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Flat
Total Parking Spaces 4
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Block
Construction Status Existing
Schools
School District Rochester
Others
Tax ID 261400-107-670-0001-001-000-0000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Keller Williams Realty Greater Rochester