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    485-495 Chili Ave Rochester, NY 14611

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    For Sale
    $389,000

    Commercial space with apartments and parking for sale.

    Lot size:
    0.28 Acres

    Property Features for 485-495 Chili Ave

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1926

    Source: Hunt Real Estate ERA/Columbus Agent Meewoon M. Lofftus

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Apartments

    This is an owner-occupied commercial mixed-use building and land for sale. The property features 0.330 square feet of commercial space on the ground level, including an office and restroom, suitable for any retail business. Above the commercial space, there are over 3000 square feet of living quarters consisting of 3 apartments. The property includes private parking spaces beside and behind the building. A new roof was installed in 2017, and the space air conditioner was replaced in 2018.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6495719
    Latitude
    43.1455199

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial space with apartments and parking for sale.
    Where is this mixed-use property located?
    The property is located at 485-495 Chili Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - Mixed-use property with commercial space and residential apartments; - Ground level commercial space is suitable for a retail business; - Over 3000 sq ft of apartment living space (3 units)
    (585) 785-2000
    Request Owner's contact information
    485-495 Chili Ave Rochester, NY 14611
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    Rochester, NY 14611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    485-495 Chili Ave Rochester, NY 14611
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