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Executive Summary
Exceptional investment opportunity in the City of Rochester! This fully occupied mixed-use commercial property offers immediate positive cash flow with minimal maintenance concerns thanks to extensive renovations completed throughout the building. The property features 2 commercial storefronts and 3 residential apartments, including a studio, one-bedroom, and two-bedroom, all currently occupied producing over $6,300/mo. in rent. Photos were taken after renovation, before tenants moved in. C of O good through 12/28. Recent improvements include NEW windows, kitchens, bathrooms, mini-split systems throughout, flooring, ceilings, and more, creating a truly turnkey investment opportunity. The comprehensive updates provide peace of mind for investors while helping reduce future maintenance expenses. Ideally located in the City of Rochester, this income-producing property offers convenient access to public transportation, shopping, dining, employment centers, and major highways, making it an attractive location for both residential and commercial tenants. Residents and business owners alike can enjoy everything Rochester has to offer while benefiting from easy commuting options. Whether you're expanding your portfolio or seeking a stable, cash-flowing asset, this fully leased mixed-use property delivers strong income potential, updated systems, and a prime location in one of Rochester's established neighborhoods.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,858 SF
Building Class
C
Year Built
1900
Price
$499,900
Price Per SF
$129.57
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.11 AC
Zoning
C-1
Parking
2 Spaces (0.52 Spaces per 1,000 SF Leased)
Frontage
36’ on Dewey Ave
Amenities
- Bus Line
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 261400-090-580-0002-005-000-0000 | Improvements Assessment | $125,000 |
| Land Assessment | $21,600 | Total Assessment | $146,600 |
Property Taxes
Parcel Number
261400-090-580-0002-005-000-0000
Land Assessment
$21,600
Improvements Assessment
$125,000
Total Assessment
$146,600
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
Contact the Sale Advisor
1274-1278 Dewey Ave



