590 Titus AveRochester, NY 14617
- Mixed-use properties
- 2,171 SF
Property Details for 590 Titus Ave
- Year built
- 1894
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 2,171 SF
- Zone code
- 07 - MIXED
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 263400 076.14-4-56
- APU
- 26340007614456
Description
This exceptional mixed-use property at 590 Titus Ave, Rochester, NY 14617, presents a unique investment opportunity or live-work solution. Spanning 2,941 square feet on a 0.34-acre lot, this well-maintained building currently functions as office space, perfectly suited for professional services like legal or financial firms. The adaptable layout allows for seamless conversion back to residential use, creating a desirable live/work environment. Its prime location in Monroe County offers easy access to Rochester's amenities and transportation networks. The asking price is $395,000. The property's versatility makes it an attractive option for a variety of uses, catering to both business and residential needs. Its current configuration as office space is complemented by the potential for residential conversion, offering flexibility for the discerning buyer. The substantial square footage and generous lot size provide ample space for expansion or customization. This property represents a compelling investment in a thriving Rochester neighborhood. Serious inquiries are encouraged to explore this exciting opportunity further. The property is classified as both Creative and Traditional Office space. Broker co-op is available.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $350,580
- 6.5%
- $323,612
- 7%
- $300,497
-
Comparable approach
- Method
- Valuation
- Relative Method
- $198,339
- Geo Method
- $254,074
-
Alternative Use
- Use
- Valuation
- Residential
- $401,279
- Hospitality
- $367,570
- Educational
- $305,814
- Medical
- $316,331
- Retail
- $475,710
Location Insight
- City
- Rochester
- County
- Monroe
- State
- New York
- Latitude
- 43.211
- Longitude
- -77.6009
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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