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photo 0: 4-12 Lake Avenue, Rochester NY 14608
photo 1 : 4-12 Lake Avenue, Rochester NY 14608
photo 2 : 4-12 Lake Avenue, Rochester NY 14608

Active

4-12 Lake Avenue, Rochester NY 14608

MLS# R1633658

$300,000

Price

-

Beds

-

Baths


17,389

Living Area (Sq.Ft.)

0.3

Lot Area (Acres)

Here is almost a million dollar portfolio upon TLC and putting into prudent use of every space available. It is a mixed use property with 15 car parking spots, one docking area with functional fork lift system for loading/unloading merchandises at the front and a large unfinished basement with a conveyor belt running from first floor to navigate merchandise to and from basement. The two central ACs that are on the roof top are only for the GROCERY UNIT. The seller will vacate any and all existing business in the property before closing. So, no tenant will be in the property by closing day! <br> <br> <br>The MAIN UNIT is the large grocery store at the Smith Street side and can collect a projected rent of $3000 per month. This unit has extra rooms with bathroom that can be used as living quarters/storage/etc. and can be rented for $1000 per month. <br> <br>The other main unit is the RESIDENTIAL UNITS at the 2nd floor comprising of five one-bedroom apartments with their own kitchen/bathroom/living room/furnaces. Each apartment is projected to collect $750 per month upon some cosmetic repairs. <br> <br>The 3RD UNIT comprises of two additional spaces at the first floor with entrance from the Lake Avenue side. These can be used for any small scale service business/garment store/jewelry store/etc. and can fetch $1000 each space upon some cosmetic repairs. <br> <br>The current chief issue is the roof leakage and subsequent few damages due to it. The seller is selling the land and building only on "as is" conditions. The seller will leave both the large coolers that are outside the grocery unit, some coolers/fish-meat storage shelves inside the grocery unit and all refrigerators and stoves in the residential units. All these personal properties are also sold on "as is" conditions. All other display racks and all the coolers on the south side of the grocery store will not remain. <br> <br>SO, SPEND SOME SWEAT EQUITY, PUT THE SPACES INTO PROMISING USE AND EARN A GROSS PROJECTED INCOME OF OVER $100,000 ANNUALY.

Status

Active

Property Type

CommercialSale

Property Sub Type

--

Year Built

1970

Parcel Number

261400-106-610-0001-009-002-0000

Unit Number

--

Subdivision Name

07-9 Cliff St

Lot Features

Rectangular, Rectangular Lot

Levels

Two

Lot Size Dimensions

82X138

Stories

2

Property Condition

Resale

Elementary School District

Rochester

Middle Or Junior School District

Rochester

High School District

Rochester

Location

Listing Agent

Chet N Timsina

Listing Office

Howard Hanna

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional

Documents Available

Deed

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2025-08-28

Fire Places Total

0

Cooling

true

Cooling Features

CentralAir

Heating

true

Heating Features

Gas, Baseboard, Forced Air

Garage

--

Garage Spaces

--

Water Source

Public

Sewer

PublicSewer

Roof

Membrane, Rubber

Utilities

Sewer Connected, Water Connected

Parking Total

15

No schools found

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