1172-1176 Dewey Ave - Storefront Retail/Residential FOR SALE


Rochester, NY 14613- Edgerton
$595,000 USD
585-503-4929
1172-1176 Dewey Ave, Rochester, NY for Sale
$595,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 9.76% Cap Rate

1172-1176 Dewey Ave
Rochester, NY 14613
Edgerton


HIGHLIGHTS

  • Excellent investment opportunity: $58,062 NOI (estimated)
  • All units completely renovated; new furnace systems, updated plumbing and electric & new EPDM roof installed in 2015
  • Conveniently located directly across from the Aquinas Institute on Dewey Avenue in the heart of the historic Maplewood Park Neighborhood
  • The existing salon is a turn-key lease (all salon contents are included in the sale of the property
  • C-1 Neighborhood Center District Zoning

OVERVIEW

4,400 SF Mixed-use commercial building on 0.10 Acres for sale, asking $595,000. Excellent investment opportunity with a Net Operating Income of $58,062. The fully leased building has 2 1st floor storefronts, 4 apartments and commercial basement space. All units completely renovated; New furnace systems, updated plumbing and electric & new EPDM roof installed in 2015. Conveniently located directly across from the Aquinas Institute on Dewey Avenue in the heart of the historic Maplewood Park Neighborhood less than a mile from NY Route 104. The existing salon is a turn-key lease (all salon contents are included in the sale of the property. C-1 Neighborhood Center District Zoning.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

9.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rochester Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

C-1

APN/PARCEL ID

261400-090-660-0001-049-000-0000

ASK ABOUT THIS PROPERTY

Jeffrey DiCesareVenture Brokerage GroupMore Info
585-503-4929

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Jeffrey DiCesareVenture Brokerage GroupMore Info
585-503-4929

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.