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Investment Highlights

  • Spacious Bar
  • Large commercial kitchen
  • Open Floorplan
  • also includes a basement storage and a private office for the commercial space.

Executive Summary

Rarely available mixed-use income property now offered at the significantly reduced price of $250,000 — down from $290,000. This versatile property is ideally positioned for investors, restaurant operators, or hospitality entrepreneurs seeking a ready-to-go commercial space paired with reliable residential income.
FIRST-FLOOR COMMERCIAL SPACE:
The ground floor is a fully built-out hospitality venue featuring a full-service bar with existing infrastructure, a lounge area, a dedicated restaurant/dining space, and a professional-grade full kitchen. Two commercial-grade bathrooms serve the space, which is ideal for a bar, restaurant, taproom, event venue, private club, or lounge concept. The space is move-in ready for an owner-operator or can be leased to a commercial tenant.
SECOND-FLOOR RESIDENTIAL UNITS:
The upper floor contains three (3) one-bedroom apartments with electric and heat included, offering a landlord-friendly structure with simplified billing. These units provide consistent rental income to offset ownership costs and create immediate positive cash flow.
UTILITY INFRASTRUCTURE:
The building contains 4 separate gas meters, providing individual metering flexibility for all units and the commercial space — a significant operational and management advantage.

Attachments

564 Chili map

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,843 SF
Building Class
C
Year Built
1920
Price
$250,000
Price Per SF
$51.62
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.09 AC
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

Tops Friendly Markets
Citizens Bank
Rent-A-Center
Chase Bank

Property Taxes

Property Taxes

Parcel Number
261400 120.55-3-16.001
Land Assessment
$13,200 (2025)
Improvements Assessment
$107,900 (2025)
Total Assessment
$121,100 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 38794915

  • Date on Market: 12/16/2025

  • Last Updated:

  • Address: 564 Chili Ave, Rochester, NY 14611

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