17 Lake Avenue Rochester NY 14608 MLS #S1518997

17 Lake Avenue
Rochester, NY, 14608
$450,000
Beds
0 Baths
8,248 SqFt
0.55 Acres
Investment Sale opportunity to own a prime commercial property on a highly trafficked corner (43,276 AADT Combined) in downtown Rochester. The subject property is 8,248 +/- SF auto service center on .55 +/- acre parcel. It currently has a long-term lease with Mavis Tire until 2028 and renewal options through 2048. The lease is based on a rental rate of $40,000 annually. A copy of the lease can be provided to the prospective buyer.

Property Details

Price:
$450,000
MLS #:
S1518997
Status:
Pending
Beds:
0
Baths:
0
Address:
17 Lake Avenue
Type:
Commercial
Subdivision:
Jones Tr
City:
Rochester
Listed Date:
Jan 30, 2024
State:
NY
Finished Sq Ft:
8,248
ZIP:
14608
Lot Size:
1 acres
Year Built:
1930
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17 Lake Avenue
Rochester, NY

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Schools

School District:
Rochester

Interior

Heating
Electric, Gas, Central

Exterior

Parking Spots
10
Roof
Flat

Financial

Buyer Agent Compensation
3%
Net Operating Income
$-2,925
Taxes
$2,925

Map

Community

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