520 Monroe AveRochester, NY 14607

This exceptional investment opportunity presents a mixed-use property located at 520-522 Monroe Avenue in Rochester, New York. The 8,861 square foot building, constructed in 1930, boasts a strong anchor tenant: a bar and restaurant operating successfully for 50 years. The property also includes three apartments and a warehouse, adding to its diverse income streams. The building is classified as Class C and features a modified lease type with multiple tenancies. The lot size is 0.3 acres, providing ample space. Parking is available at a rate of 2.35 spaces per 1,000 square feet. The property's asking price is $675,000, with a projected cap rate of 8.50%. The building is a two-story structure with a clear ceiling height of 12 feet. The property's Assessed Parcel Number (APN) is 261400-121-580-0001 : 003-001-0000. This is a rare chance to acquire a well-established, multi-faceted property in a desirable Rochester location. The combination of a long-term tenant, additional rental units, and warehouse space makes this an attractive investment with significant potential for future growth and returns.