For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 13,215 sqft
Price per Sqft $22
MLS Listing ID R1500497
Sold Date 01/15/24
Construction Status Existing
HOA Y/N No
Year Built 1870
Annual Tax Amount $10,549
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 70X43
Property Description
Exceptional investment opportunity in the heart of Downtown Rochester just steps away from City Hall. This impressive 13,215 square feet bldg. features four above-grade floors, each spanning approximately 2,500 to 2,700 SF. and a full bsmt. The first floor is configured for retail use; floors 2-4 are offices/storage. This space is begging for a transformation into stunning apartments. Each floor has lofty 10-foot ceilings and oversized floor-to-ceiling windows. The corner location offers sweeping, unobstructed city views. Recent upgrades to the building's elevator, include a new motor, pump, and control systems installed in 2021-2022. Two internal stairwells provide direct access to the slightly pitched roof. Each floor has its own dedicated furnace and A/C unit, all separately metered. The building's robust electrical system has 600 amps and 240 volts of 3-Phase power. Additionally, each of the first three floors features two bathrooms, with one on the fourth floor. This property presents an exciting opportunity for investors looking to tap into the vibrant potential of Downtown Rochester's real estate market. Property address is 165, 169 & 173 State St. on one tax parcel.
Location
State NY
County Monroe
Area Rochester City-261400
Zoning CCD-R
Interior
Heating Gas, Forced Air
Cooling Central Air
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Membrane,Pitched,Rubber
Handicap Access Accessibility Features
Building
Building Description Masonry, Elevator(s),Office
Story 4
Sewer Public Sewer
Water Public
Structure Type Masonry
Construction Status Existing
Schools
School District Rochester
Others
Tax ID 261400-106-780-0001-038-001
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Hanna Commercial
Get More Information
Grant Pettrone
Licensed Real Estate Broker, Founder | License ID: 10491209675
Licensed Real Estate Broker, Founder License ID: 10491209675