Active

511 State Street

Rochester NY, 14608

$1,795,000


$79.66 per sqft

Active

7 Beds

22,532 sqft

Other

Built in 1910

Presenting a fully renovated mixed-use property located at 511-527 State Street in Rochester, NY 14608. This prime investment consists of two buildings situated on a .64-acre lot, offering cross access between State Street and Frankfort Street and providing the convenience of off-street parking. The front building on State Street includes office suites, a warehouse, and 8 fully remodeled residential apartments, while the rear building on Frankfort Street features additional remodeled office suites and a small warehouse. Together, the buildings offer a total of 24 units, with 14 commercial tenants and 8 residential tenants in place, along with 2 vacant commercial units ready for leasing opportunities.

Originally built in 1910, the property underwent a complete renovation in 2015, including an elevator, modern sprinkler systems throughout, and electronic entry for enhanced security. The apartments and office spaces have been updated, giving the property a fresh, contemporary appeal. Located on a bus line and within walking distance to popular destinations like Frontier Field, Monroe Community College, High Falls, Genesee Brewery, and various restaurants and shopping, the property also benefits from its proximity to downtown RochesAter, making it an ideal location for both commercial and residential tenants. Zoned CCD-R (Center City Riverfront), this property offers a range of potential uses for investors looking to capitalize on Rochester's thriving Center City.

R1579705

MLS ID

December 2, 2024

Listed

December 2, 2024

Updated

Map

511 State Street
Rochester NY, 14608

Interior Features

Total Stories

4


Bedrooms

7


Appliances

Common Water Heater, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator


Laundry Description

Washer Hookup


Floor Description

Ceramic Tile, Luxury Vinyl, Varies


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Gas, Forced Air

Exterior/Building Features

Lot Size

0.67 Acres


Exterior Features

Blacktop Driveway


Lot Features

Irregular Lot, Near Public Transit, Residential Lot


Roof

Flat, Membrane, Rubber


Sewer

Connected

School Information

School District

Rochester

Other Property Details

Area Name

Rochester City-261400


Taxes

$17,040


Tax Frequency

Annually


Garage

No


Parking

One Space, Driveway, No Garage, Shared Driveway


View

No


County

Monroe


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No

 

Courtesy of eXp Realty, LLC, Michael Conroy

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