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photo 0: 511 State Street, Rochester NY 14608
photo 1 : 511 State Street, Rochester NY 14608
photo 2 : 511 State Street, Rochester NY 14608

Active

511 State Street, Rochester NY 14608

MLS# R1579705

$1,675,000

Price

7

Beds

-

Baths


22,532

Living Area (Sq.Ft.)

0.67

Lot Area (Acres)

Presenting a fully renovated mixed-use property located at 511-527 State Street in Rochester, NY 14608. This prime investment consists of two buildings situated on a .64-acre lot, offering cross access between State Street and Frankfort Street and providing the convenience of off-street parking. The front building on State Street includes office suites, a warehouse, and 8 fully remodeled residential apartments, while the rear building on Frankfort Street features additional remodeled office suites and a small warehouse. Together, the buildings offer a total of 24 units, with 14 commercial tenants and 8 residential tenants in place, along with 2 vacant commercial units ready for leasing opportunities. <br> <br>Originally built in 1910, the property underwent a complete renovation in 2015, including an elevator, modern sprinkler systems throughout, and electronic entry for enhanced security. The apartments and office spaces have been updated, giving the property a fresh, contemporary appeal. Located on a bus line and within walking distance to popular destinations like Frontier Field, Monroe Community College, High Falls, Genesee Brewery, and various restaurants and shopping, the property also benefits from its proximity to downtown RochesAter, making it an ideal location for both commercial and residential tenants. Zoned CCD-R (Center City Riverfront), this property offers a range of potential uses for investors looking to capitalize on Rochester’s thriving Center City.

Status

Active

Property Type

MultiFamily

Property Sub Type

Commercial

Year Built

1910

Parcel Number

261400-106-610-0001-040-003-0000

Unit Number

--

Subdivision Name

Benjamin Wright

Lot Features

Irregular Lot, Near Public Transit, Residential Lot

Building Area Source

PublicRecords

Lot Size Dimensions

116X271

Stories

4

Property Condition

Resale

Elementary School District

Rochester

Middle Or Junior School District

Rochester

High School District

Rochester

Location

Listing Agent

Michael Conroy

Listing Office

eXp Realty, LLC

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Standard

Listing Terms

Cash

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2024-12-02

Owner Pays

All Utilities

Rent Includes

All Utilities

Gross Income

275509

Net Operating Income

150782

Fire Places Total

0

Flooring

Ceramic Tile, Luxury Vinyl, Varies

Laundry Features

Washer Hookup

Cooling

true

Cooling Features

CentralAir

Heating

true

Heating Features

Gas, Forced Air

Accessibility Features

Accessible Elevator Installed

Appliances

Common Water Heater, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator

Security Features

SecurityService

Garage

false

Garage Spaces

0

Exterior Features

Blacktop Driveway

Water Source

Connected, Public

Sewer

Connected

Roof

Flat, Membrane, Rubber

Utilities

Cable Available, Sewer Connected, Water Connected

Parking Features

One Space, Driveway, No Garage, Shared Driveway

Basement

None

Construction Materials

Brick

No schools found

broker_reciprocity

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.

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