tomo logo

$1,795,000

Beds
7
sq ft
22,532

511 State St, Rochester, NY 14608

511 State St

Rochester, NY 14608

  • 20 days on market
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.

Details

Property type

Lot size

0.67 acres

Price per sq ft

$80

Year built

1910

Annual property taxes

$17,040

Price History

12/02/2024
UNYREIS

UNYREIS #R1579705

Listed
$1,795,000

Schools & Community

Neighborhood: 

Brown Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Rochester

Status: Active

Tomo last checked: 12/22/2024 at 2:05 AM

Listing updated: 12/02/2024 at 12:50 PM

Listed by: Michael Conroy, eXp Realty, LLC Phone #: (888) 276-0630

MLS: UNYREIS #R1579705

UNYREIS logo

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