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$1,200,000 New A-Active

1495 Lake Avenue
Rochester, NY 14615

1 unit |
6,359 sq ft;
lot: 0.53 acres
Commercial: Commercial - MLS# R1172854
Property Photo
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Description

Beautiful brick building in a high traffic area of the city of Rochester. Located steps from Kodak park, restaurants, banks and convenience stores. Long term tenants have about 12 years left in lease and are thriving as a business. Plenty of dedicated parking and architecturally a stunning building. This commercial property is a great addition to anyone's portfolio with nice returns, low risk, little to no overhead and a rock solid log term tenant. 7% cap rate with Absolute Triple Net Lease.

Features

  • # of Parking Spaces: 40
  • Basement: Full
  • Boiler Type: Hot Water Boiler
  • Category: Commercial, Office
  • City Neighborhood: Maplewood
  • County/Area: Monroe County
  • Directions To Property: East On Ridgeway To The Corner Of Ridgeway And Lake Ave.
  • Heating Fuel Description: Gas
  • HVAC Type: Ac-Central, Ac-Unit, Hot Water
  • Incomeexpense Information: May Show Books, Provided By Owner
  • Leased Square Feet: 8485
  • Listing Status: A-Active
  • Location: Business District, Corner, Residential
  • Lot Dimensions Depth: 287
  • Lot Dimensions Frontage: 71
  • Lot Number: 54
  • Lot Size: 0.5300
  • Nearest Cross Street: Ridgeway Ave
  • Number Of Buildings: 1
  • Number Of Leases: 1
  • Operating Expenses Include: Other - See Remarks
  • Parking Description: On Site, Surfaced
  • Parking Spaces: 40
  • Property Type: Commercial
  • Property Use: Conforming
  • Roof Description: Rubber Membrane
  • Sale Includes: Building Only
  • School District: Rochester
  • School Tax: 17501
  • Sewer Water: Public Sewer Connected
  • Sq.Ft.: 6359
  • Stories: 1-Story
  • Sub Type: Commercial
  • Subdivision: Lake & Ridgeway
  • Subdivision/Neighborhood: Lake & Ridgeway
  • Total Stories: 1
  • Total Taxes: 22374
  • Town County Tax: 4873
  • Transaction Type: Sell
  • Type Of Building: Medical, Office Building
  • Units: 1
  • Village: Not Applicable
  • Year Built: 1952
  • Year Built Description: Existing
  • Zip Code: 14615
  • Zoning: C-2

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