$240,000
$265,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
1513 South AVE Rochester, NY 14620
3,430 SqFt
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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Bought with Transcontinental Properties LLC