564 Chili Ave - Storefront Retail/Residential FOR SALE


Rochester, NY 14611- 19th Ward
$250,000 USD
585-328-7827
564 Chili Ave, Rochester, NY for Sale
$250,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | Request Cap Rate

564 Chili Ave
Rochester, NY 14611
19th Ward


HIGHLIGHTS

  • • Priced to sell at $250,000 (reduced from $290,000)
  • • Dual income streams: commercial + 3 residential units
  • • Fully equipped commercial kitchen and bar — significant build-out cost savings
  • • 4 separate gas meters for individual unit management
  • • Utilities (electric & heat) included in residential rents
  • • Flexible use: owner-operate the commercial space or lease all four units. Strong upside potential for the right owner-operator or investor

OVERVIEW

Rarely available mixed-use income property now offered at the significantly reduced price of $250,000 — down from $290,000. This versatile property is ideally positioned for investors, restaurant operators, or hospitality entrepreneurs seeking a ready-to-go commercial space paired with reliable residential income. FIRST-FLOOR COMMERCIAL SPACE: The ground floor is a fully built-out hospitality venue featuring a full-service bar with existing infrastructure, a lounge area, a dedicated restaurant/dining space, and a professional-grade full kitchen. Two commercial-grade bathrooms serve the space, which is ideal for a bar, restaurant, taproom, event venue, private club, or lounge concept. The space is move-in ready for an owner-operator or can be leased to a commercial tenant. SECOND-FLOOR RESIDENTIAL UNITS: The upper floor contains three (3) one-bedroom apartments with electric and heat included, offering a landlord-friendly structure with simplified billing. These units provide consistent rental income to offset ownership costs and create immediate positive cash flow. UTILITY INFRASTRUCTURE: The building contains 4 separate gas meters, providing individual metering flexibility for all units and the commercial space — a significant operational and management advantage.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

-

APN/PARCEL ID

261400 120.55-3-16.001

ASK ABOUT THIS PROPERTY

Dexter CraigNorth Star Real EstateMore Info
585-328-7827

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Dexter CraigNorth Star Real EstateMore Info
585-328-7827

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