Remarks

Unlock a world of potential with this exceptional property boasting over 6,000 square feet of versatile retail, warehouse, and residential opportunities! This is a rare chance to acquire a turnkey investment with a proven track record of generating consistent revenue. Currently fully tenanted and generating over $40,000 gross income annually. This property is made up of two separate brick buildings: the front building offers a large commercial space on the first floor - currently holding a retail tenant, but could also work perfectly for a grocer, restaurant or office space - the upstairs of Building #1 contains two fully leased residential apartments (1-bedroom and 2-bedroom) which provide a steady and reliable cash flow stream. Building #2 is a ~1300sqft warehouse - offering unlimited potential for storage, shop space, or as an additional benefit to the commercial tenant in Building #1. Each of the 4 units has separate heat, gas and electric. New flat rubber roof 2021. Situated in a highly visible and accessible area, a popular American Variety store chain is located across the street. Just minutes from the prestigious University of Rochester, this prime location is ideal for businesses catering to the university community and beyond. Enjoy the benefits of a fully rented property with a history of consistent revenue, ensuring a solid return on your investment. This property offers unparalleled flexibility, catering to both business owners seeking a combined retail/warehouse location and investors looking for a lucrative mixed-use asset. Don't miss out on this income-generating gem! Delayed showings - showings begin Monday, March 17. Delayed negotiations - offers due Tuesday, March 25th at 11am.

Details

MLS#: R1592622
Price: $205,000

Style: Office
Sq Ft: 6279
Year Built: 1910

County: Monroe
Subdivision: Elmtree Add
Lot Size: 30X128
Tax Fee: 4533

School District: Rochester