511 State ST Active Save Request In-Person Tour Request Virtual Tour
Rochester,NY 14608
Key Details
Property Type Multi-Family, Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 22,532 sqft
Price per Sqft $74
Subdivision Benjamin Wright
MLS Listing ID R1579705
Bedrooms 7
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $20,758
Lot Size 0.670 Acres
Acres 0.67
Lot Dimensions 116X271
Property Sub-Type Commercial
Property Description
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.
Location
State NY
County Monroe
Community Benjamin Wright
Area Rochester City-261400
Direction Head South on State Street. The property is located on the West Side of State Street, just before Jay Street.
Rooms
Basement None
Interior
Heating Gas,Forced Air
Cooling Central Air
Flooring Ceramic Tile,Luxury Vinyl,Varies
Fireplace No
Appliance Common Water Heater,Electric Oven,Electric Range,Disposal,Gas Water Heater,Microwave,Refrigerator
Laundry Washer Hookup
Exterior
Exterior Feature Blacktop Driveway
Utilities Available Cable Available,Sewer Connected,Water Connected
Roof Type Flat,Membrane,Rubber
Handicap Access Accessible Elevator Installed
Garage No
Building
Lot Description Irregular Lot,Near Public Transit,Residential Lot
Story 4
Sewer Connected
Water Connected,Public
Structure Type Brick
Construction Status Existing
Schools
School District Rochester
Others
Senior Community No
Tax ID 261400-106-610-0001-040-003-0000
Security Features Security Service
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://mls.ricoh360.com/e1eea252-5984-404f-9d90-9c28af067e83