$375,000
$450,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
8,248 SqFt
SOLD DATE : 04/25/2024
Key Details
Sold Price $375,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,248 sqft
Price per Sqft $45
Subdivision Jones Tr
MLS Listing ID S1518997
Sold Date 04/25/24
Construction Status Existing
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,925
Lot Size 0.549 Acres
Acres 0.5487
Lot Dimensions 145X164
Property Description
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.
Location
State NY
County Monroe
Community Jones Tr
Area Rochester City-261400
Zoning Commercial
Direction Corner of Lake, Lyell and Smith Streets
Interior
Heating Electric, Gas, Central
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Flat
Total Parking Spaces 10
Building
Lot Description Irregular Lot
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Existing
Schools
School District Rochester
Others
Tax ID 261400-105-680-0002-011-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Century 21 Bridgeway Realty
Broker Associate | License ID: 10301219405
+1(315) 430-0030 | celeste.ccgrealty@gmail.com