Remarks

Attention investors seeking strong cash flow with gross revenue currently at $4,700 per month! Discover this exceptional mixed-use property located in the charming and historic Village of Wolcott! Perfectly positioned between Syracuse and Rochester, and just a short drive to scenic Port Bay and Sodus Point. This location offers a unique blend of small-town charm and strategic accessibility, making it ideal for both business and leisure.
The first floor features two spacious commercial storefronts, both currently leased and generating steady rental income. One storefront extends into the finished lower level and partially onto the second floor with a tenant who has occupied the space for 20+ years! The other commercial space occupies just the main level and the tenant is on a brand new 2 year lease. Upstairs, you'll find two fully separate and leased residential apartments on the second floor. The third floor is currently unfinished and being used as a large storage space, offering room for expansion or further development.
Additional highlights include: Off-street parking in a large rear lot, Ample street parking in front, High visibility on Main Street and Solid tenancy in both commercial and residential units. Brand new furnace 2025 in the first floor commercial space. The landlord pays utilities of approximately $800 a month that include water, gas and electric for the building. This is a rare opportunity to acquire a fully leased, income-producing property with long-term upside. Whether you're looking to expand your portfolio or secure a stable investment, this gem in Wolcott won't last long!

Details

MLS#: R1599819
Price: $400,000

Sq Ft: 14048
Year Built: 1900

County: Wayne
Lot Size: 44X138
Tax Fee: 3537

School District: North Rose-Wolcott