Rochester, NY 14620,1513 South AVE

$240,000

Est. payment /mo

$265,000

9.4%
Est.Price: ?

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1513 South AVE Rochester, NY 14620

3,430 SqFt

SOLD DATE : 02/15/2023

Key Details

Sold Price $240,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 3,430 sqft

Price per Sqft $69

Subdivision Charles R Babbitt Sec 6

MLS Listing ID R1433640

Sold Date 02/15/23

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $12,296

Lot Size 8,529 Sqft

Acres 0.1958

Lot Dimensions 79X106

Property Sub-Type Office

Property Description

5-unit office building for sale in a great location just 2 minutes from College Town and Strong Memorial Hospital. On-site parking for 11 cars. First floor has two units: one unit is approx. 1,600 SF and currently vacant - the last tenant was Allstate Insurance. The second unit is approximately 650 SF and leased to an accountant. First floor tenants pay their own gas & electric, which is separately metered. Upper floor has 3 offices leased to photographer, massage therapist, and psychiatrist. Landlord pays the gas & electric for the second floor. The demographics are great with exposure to approx. 14K average VPD and a population of 63K pple and 276K pple within a 2-mile and 5-mile radius, respectively. Income & expenses provided to qualified buyers after signing a confidentiality agreement. The City is in the process of a City-wide zoning review and it's likely that the zoning will change to R-2 for this address in 2023-2024. That would allow for up to 4 apartments. It's possible to get a variance for low density retail. Applicant would need to submit application to the City for review.

Location

State NY

County Monroe

Community Charles R Babbitt Sec 6

Area Rochester City-261400

Zoning R-1

Rooms

Basement Partial

Interior

Heating Gas, Forced Air

Cooling Central Air

Flooring Carpet, Concrete, Other, See Remarks

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt,Flat,Pitched,Shingle

Total Parking Spaces 11

Building

Lot Description Rectangular

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Existing

Schools

School District Rochester

Others

Tax ID 261400-136-460-0002-017-001-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by Hanna Commercial
Bought with Transcontinental Properties LLC
agent

Gretchen Metnick

Broker Associate | License ID: 10301220510

+1(315) 383-5256

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