14-22 Lake Avenue Rochester NY 14608 MLS #R1525269

14-22 Lake Avenue
Rochester, NY, 14608
$2,500
5 Beds
0 Baths
9,231 SqFt
0.13 Acres
Wonderfully maintained mixed-use building on Lake Avenue near Downtown. Excellent visibility with exposure to approximately 20,000 AVPD. Current owner purchased it approximately 13 years ago and completely renovated it with new plumbing, electrical, flooring, drywall, windows, kitchens & bathrooms. The roof is 8 years old and was resealed in 2023. The first floor 3,000 SF retail space has been remodeled and is available for lease at $2,500 per month, plus utilities. It includes a commercial kitchen with Ansel system, stove, grill, deep fryer and 3-bay stainless steel sink. The second floor consists of five one-bedroom apartments in very good condition all occupied with working tenants. All tenants are on a month-to-month lease and have been long-term tenants. The parking lot in the rear of the building plus on-street parking provides parking for approximately 15-20 vehicles. The building is also for sale – terms to be defined. The property is in a favorable City Center Zoning District (CCD-R) and provides for a variety of uses.

Property Details

Price:
$2,500
MLS #:
R1525269
Status:
Active
Beds:
5
Baths:
0
Address:
14-22 Lake Avenue
Type:
Commercial
Subtype:
Other
Subdivision:
Edgerton
City:
Rochester
Listed Date:
Mar 9, 2024
State:
NY
Finished Sq Ft:
9,231
ZIP:
14608
Lot Size:
0 acres
Year Built:
1920
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14-22 Lake Avenue
Rochester, NY

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Schools

School District:
Rochester

Interior

Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator, See Remarks
Flooring
Other, See Remarks
Heating
Gas, Forced Air

Exterior

Community Features
Other, See Remarks
Construction Materials
Frame, Stucco
Exterior Features
Blacktop Driveway
Parking Features
One Space, Driveway, No Garage
Roof
Flat, Membrane, Rubber

Financial

Buyer Agent Compensation
3%%
Net Operating Income
$49,379
Taxes
$6,968

Map

Community

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