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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Data last updated 6:20 PM UTC, 12/2/2024