Rochester, NY 14608,4-12 Lake AVE
Rochester, NY 14608,4-12 Lake AVE
Rochester, NY 14608,4-12 Lake AVE
50
$289,000
$300,000
3.7%
Est.Price: ?

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17,389 SqFt

4-12 Lake AVE Rochester, NY 14608

Est. payment /mo
SOLD DATE : 11/19/2025

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Key Details

Sold Price $289,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 17,389 sqft

Price per Sqft $16

Subdivision 07-9 Cliff St

MLS Listing ID R1633658

Sold Date 11/19/25

Construction Status Existing

HOA Y/N No

Year Built 1970

Annual Tax Amount $14,363

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 82X138

Property Description

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!


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.

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.

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.

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.

SO, SPEND SOME SWEAT EQUITY, PUT THE SPACES INTO PROMISING USE AND EARN A GROSS PROJECTED INCOME OF OVER $100,000 ANNUALY.

Location

State NY

County Monroe

Community 07-9 Cliff St

Area Rochester City-261400

Zoning CCD-R

Direction From East or West Main street in downtown, take State St. The property is at the junction of State St/Lyell Ave/Lake Ave/Smith St.

Interior

Heating Gas, Baseboard, Forced Air

Cooling Central Air

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Membrane,Rubber

Total Parking Spaces 15

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Existing

Schools

School District Rochester

Others

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

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by Howard Hanna 585-381-0502
Bought with Howard Hanna

GET MORE INFORMATION

Derek Petrone

Derek Petrone

Licensed Real Estate Salesperson | License ID: 10401337235

+1(585) 734-3487

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