14 Lake AveRochester, NY 14608
- Office properties
- 3,000 SF
Property Details for 14 Lake Ave
- Year built
- 1920
- Property size (Sq ft)
- 3,000 SF
- Property type
- Office properties
- Property subtype
- Other retail properties
Description
This meticulously maintained mixed-use building, situated on Lake Avenue near the heart of downtown, presents a unique investment opportunity. Boasting excellent visibility with an estimated 20,000 average vehicles per day passing by, this property offers a 3,000 square foot ground floor retail space currently available for lease at $2,500 per month plus utilities. The retail space features a recently remodeled commercial kitchen complete with an Ansel system, stove, grill, deep fryer, and a three-bay stainless steel sink. The building, constructed in 1920 and extensively renovated thirteen years ago, includes new plumbing, electrical, flooring, drywall, windows, kitchens, and bathrooms. The roof, installed eight years ago, received a reseal in 2023. Upstairs, five one-bedroom apartments, all occupied by long-term month-to-month tenants, provide a consistent rental income stream. Ample parking is available with a rear lot and on-street parking accommodating approximately 15-20 vehicles. The property is zoned City Center Riverfront District (CCD-R), offering flexibility for a variety of uses. The building's APN is 261400-106-610-0001-008-000 and is located in Monroe County, with a cross street of Cliff Street. This is an exceptional opportunity for an owner-occupant seeking a prime downtown location or an investor looking for a strong return.
Location Insight
- City
- Rochester
- County
- Monroe
- State
- New York
- Latitude
- 43.168
- Longitude
- -77.6255
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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