416 Central Ave Rochester, NY 14605

Located in the heart of the Center City District of Rochester, this 4,331 square foot up/down duplex presents a unique investment opportunity. The property, suitable for an owner-occupant, offers a blend of residential income, flexible zoning, and valuable on-site storage space. Most recently, it has been utilized as a short/mid-term rental, with storage in the back of the building for the owner. The site features a private gated concrete driveway and rear yard with Edison-style lights, suitable for secure storage, outdoor dining, or tenant parking. Central Avenue also provides ample street parking. The first-floor unit is tenant-occupied on a month-to-month basis, while the second floor is currently vacant, ideal for owner occupancy or additional income. Zoned within the CCD-B (Center City Base District), the property allows for a wide variety of uses. The current transferable Certificate of Occupancy reflects a two-family dwelling with storage. Previously, the building operated as office and storage space prior to its residential conversion, offering future owners multiple pathways for use or repositioning. In the late 1980s, an owner operated a restaurant at the location, further indicating the potential allowances of the zoning district. Interior features include a forced-air furnace around 10 years old, water tanks of the same age, a 200 AMP electrical service, laundry facilities, and a dry basement providing additional storage. Recent capital improvements include a roof that is 15 years old, new gutters (2025), and new attic insulation (2022). An additional feature is the approximately 500 square foot climate-controlled storage area/workshop located at the rear of the building, perfect for contractors, hobbyists, or artists seeking a live/work space with supplemental rental income. The property is well-located just two turns from the Inner Loop connecting to I-490, one turn from Amtrak, 10 minutes to the Airport, and 3 minutes to Downtown. It offers great proximity to the Rochester Public Market, Blue Cross Arena, Innovative Field, Strong Museum of Play, and other downtown amenities, all within a 1.5-mile radius.