$1,675,000

511 State Street, Rochester, NY 14608

  • 7 beds
  • 22,532 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.67acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $74/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Presenting a fully renovated mixed-use property located at 511-527 State Street in Rochester, NY 14608. This prime investment consists of two buildings situated on a .64-acre lot, offering cross access between State Street and Frankfort Street and providing the convenience of off-street parking. The front building on State Street includes office suites, a warehouse, and 8 fully remodeled residential apartments, while the rear building on Frankfort Street features additional remodeled office suites and a small warehouse. Together, the buildings offer a total of 24 units, with 14 commercial tenants and 8 residential tenants in place, along with 2 vacant commercial units ready for leasing opportunities. Originally built in 1910, the property underwent a complete renovation in 2015, including an elevator, modern sprinkler systems throughout, and electronic entry for enhanced security. The apartments and office spaces have been updated, giving the property a fresh, contemporary appeal. Located on a bus line and within walking distance to popular destinations like Frontier Field, Monroe Community College, High Falls, Genesee Brewery, and various restaurants and shopping, the property also benefits from its proximity to downtown RochesAter, making it an ideal location for both commercial and residential tenants. Zoned CCD-R (Center City Riverfront), this property offers a range of potential uses for investors looking to capitalize on Rochester’s thriving Center City.

Listing Status:
Active
Date Added:
December 2, 2024 at 06:00AM
Listing Office:
eXp Realty, LLC : 888-276-0630
Listing Agent:
Michael Conroy : 585-735-7739
MLS ID:
R1579705
  • Appliances: Common Water HeaterElectric OvenElectric RangeDisposalGas Water HeaterMicrowaveRefrigerator
  • Laundry: Washer Hookup
  • Basement: None
  • Flooring: Ceramic TileLuxury VinylVaries
  • A/C: Central Air
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0
  • Disability Feature: Accessible Elevator Installed

This listing courtesy of Michael Conroy, eXp Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

School 5-John Williams

555 Plymouth Ave N, Rochester, NY, 14608

Grades PK-8

0.12 miles away

S

School 5-John Williams

555 Plymouth Ave N, Rochester, NY, 14608

Grades PK-8

0.12 miles away

S

School 58-World of Inquiry School

200 University Ave, Rochester, NY, 14605

Grades PK-12

1.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.