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About This Home
This 0-bedroom, 0-bathroom commercial at 564 Chili Avenue in Rochester, NY is listed for $290,000 ($41 per sqft). Built in 1920, the home offers 7,089 sqft of living space on a 0.09 acres lot.
Mixed-Use Investment Opportunity in the 19th Ward! Welcome to this standalone two-story mixed-use building offering a unique blend of commercial and residential income potential, perfect for a savvy investor or an owner-operator. Key Features: Mixed-Use Structure: The building features a spacious commercial unit on the ground floor and three residential units above, maximizing your rental income.
Fully Operational Commercial Space: The first floor currently houses a fully operational restaurant with a bar and kitchen, including all essential equipment, providing an immediate, turnkey business opportunity. Residential Income: The second floor comprises three updated apartments, 2 of which are vacant, offering strong rental potential.
Utilities: The property is set up for easy management, with separate gas and electric meters for each of the four units (three apartments and a commercial space). Building Details: A Freestanding brick structure was built in 1920 and also includes a basement storage and a private office for the commercial space.
Key Features
- Built in 1920
- 0.09 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,551/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
564 Chili Avenue
Rochester, NY 14611
Gardiner Hom D Assn
Property Details
Flooring
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 564 Chili Avenue is listed at $290,000 ($41/sqft). The estimated monthly payment is $1,257 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.09 acre lot, 2 stories.
This property is listed by Dexter T. Craig and can be reached at 5853287827 or dextercraig@NorthStarWNY.com.