$400,000
$750,000
46.7%For more information regarding the value of a property, please contact us for a free consultation.
13,073 SqFt
SOLD DATE : 02/15/2022
Key Details
Sold Price $400,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 13,073 sqft
Price per Sqft $30
Subdivision Frankfort
MLS Listing ID R1377302
Sold Date 02/15/22
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $11,200
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 101X192
Property Description
2 BUILDINGS WITH BLACKTOPPED PARKING LOT FOR 25 CARS.537-539 STATE STREET CONSIST OF(2)3 BED 1 BATH APARTMENTS RENTS FOR $1,200 EACH.BUILDING IS SET UP FOR SEPARATE UTILITIES BUT OWNER CURRENTLY PAYS FOR THE APARTMENTS UTILITIES.GROCERY STORE PAYS 2,000 A MONTH AND PAYS ALL UTILITIES MINUS WATER.STORE HAS BEEN THERE FOR OVER 10 YEARS.EQUIPMENT IN STORE WILL NOT CONVEY WITH THE SALE.TENANTS IN THE APTS HAVE BEEN THERE FOR OVER 5 YEARS.HAS ATTACHED 1.5 CAR GARAGE.ROOF WAS REPLACED 7 YEARS AGO ON BOTH BUILDINGS.547-549 STATE STREET CONSIST OF(2) BELOW MARKET 1 BEDROOM APARTMENTS RENT FOR 600 INC RG&E.OTHER RENTS FOR 550 TENANT PAYS FOR ALL UTILITIES.ALSO 3 BED APT RENTS FOR 800.THE RESTAURANT IS RESPONSIBLE FOR ALL UTILITIES AND PAYS 1500.00,RENT WILL BE GOING UP TO 2000.00 IN MARCH.EQUIPMENT IN RESTAURANT WILL CONVEY WITH SALE.HUGE
AREA ON THE SIDE OF THE RESTAURANT WITH SEPARATE ENTRANCE.SPACE FOR ADDED INCOME ABOVE RESTAURANT.THIS 2 BUILDING SALE HAS ENDLESS POTENTIAL FOR ADDITIONAL INCOME.
Location
State NY
County Monroe
Community Frankfort
Area Rochester City-261400
Zoning CCD-R
Direction LAKE AVE TO STATE
Rooms
Basement Full, Storage Space
Interior
Heating Gas, Individual, Separate Meters, Zoned, Forced Air
Cooling Separate Meters, 1 Unit, Central Air
Flooring Carpet, Concrete, Hardwood, Linoleum, Varies, Vinyl
Fireplace No
Exterior
Utilities Available Water Connected
Roof Type Membrane,Rubber,Shingle
Total Parking Spaces 25
Garage Yes
Building
Lot Description Rectangular
Building Description Brick,Block,Frame,Concrete, Floor Drain(s),Office,Public Restrooms,Roof Sign,Shelving
Story 3
Water Public
Structure Type Brick,Block,Frame,Concrete
Construction Status Existing
Schools
School District Rochester
Others
Tax ID 261400-106-610-0001-044-000-0000
Security Features Security Service
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
Financing Cash
Special Listing Condition Standard
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