1522-1524 Mt Hope Ave - Storefront Retail/Residential FOR SALE


Rochester, NY 14620
$500,000 USD
585-568-7275
1522-1524 Mt Hope Ave, Rochester, NY for Sale
$500,000 USD
Storefront Retail/Residential - FOR SALE
1/52
null | Request Cap Rate

NEW


1522-1524 Mt Hope Ave
Rochester, NY 14620


HIGHLIGHTS

  • High Visibility Retail Storefront Close to Expressways
  • Recently Renovated Units
  • Close to Strong Hospital, the University of Rochester & Collegetown

OVERVIEW

Stop dreaming and start owning! This recently remodeled property offers four beautifully updated apartments and a prime storefront in a high-traffic area just steps from Strong Hospital and College Town. Perfectly situated to attract tenants and businesses alike, this property is a true gem for investors! The apartments include two spacious two-bedroom units, a one-bedroom unit, and a studio, all designed to appeal to tenants seeking proximity to Strong Hospital or the University of Rochester. Current rents are on the low side, leaving room for increased revenue potential. The storefront, intentionally left vacant, provides endless possibilities for a new owner—whether it's for your own business or to lease out to a tenant. With excellent foot traffic and visibility, it’s an ideal location for any business venture. Previously rented to a barber who was paying $1,000 a month, which was very low for the area, but had been a long-term tenant. Tenants and customers will appreciate the ample parking available in the shared lot with Wendy's, adding even more convenience and appeal. Properties like this in the College Town business district are rare—don’t let this opportunity pass you by! Delayed Showings begin December 12th. Delayed Negotiations on December 17th at 12 PM. 24 hours for response to offers. Take the leap and make this income-producing property yours!

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

undefined, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,892 SF

ZONING

C-2 - Community Center

APN/PARCEL ID

261400-136-610-0003-029-001-0000

ASK ABOUT THIS PROPERTY

Eric McQuiscionG & M PropertiesMore Info
585-568-7275

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Eric McQuiscionG & M PropertiesMore Info
585-568-7275

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