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17-Unit Mixed-Use Property
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321-331 Driving Park Avenue, Rochester, NY 14613

Well-maintained mixed-use building with apartments, storefronts, separately metered utilities, and on-site laundry.

Property Size13,600 SF
Price / SF$95.59
Days on Market8

Property Features for 321-331 Driving Park Avenue

General Information

Standard status Active
Size 13,600 SF
Class C
Property subtype Mixed Use, Multifamily, Retail
Zoning URD-S
Occupancy 100%
Lease Type Gross
Investment Type Stabilized
Net Operating Income $129,085

Building Details

Year Built 1920
Buildings 1
Units 17
Tenancy Multi
Listing Agency: ReMax 1st Commercial
Listed By: Jeff Krampen · License #40KR1056906
Source: Crexi
Added: Aug 26 Changed: Sep 1 Last Checked: Sep 1 at 9:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ReMax 1st Commercial

Investment Insights

Based on property information with market context.

This 13,600-square-foot mixed-use building, constructed in 1920, combines 14 apartments with 3 commercial storefronts. The residential component includes 10 one-bedroom units and 4 studios, with hardwood flooring and vinyl windows throughout the apartments. The property also includes 14 basement storage units and on-site laundry operated through a professional service contract.

Electricity and cooking gas are separately metered. The property is zoned URD-S and is located in Rochester’s historic Edgerton neighborhood at 321-331 Driving Park Avenue. A new Certificate of Occupancy will be provided at closing. The offering reflects a 9.93% cap rate and multiple revenue-producing components within a single mixed-use asset.

Key Highlights

  • 17‑unit configuration with 14 apartments and 3 commercial storefronts
  • 14 residential units: 10 one‑bedroom apartments and 4 studios
  • 13,600 square feet on a 0.31‑acre parcel, constructed in 1920

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby

Demographics for 14613, NY

14,882
Population
6,561
Households
2.3
Avg Household Size
31
Median Age
14%
College-Educated
77%
High-School Grad
1.9 sq mi
ZIP Area
7,833
Density / Sq Mi
$33,370
Median Household Income
$29,530
Median Earnings
$939
Median Rent
$108,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Well-maintained mixed-use building with apartments, storefronts, separately metered utilities, and on-site laundry.
Where is this mixed-use property located?
The property is located at 321-331 Driving Park Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 17‑unit configuration with 14 apartments and 3 commercial storefronts; 14 residential units: 10 one‑bedroom apartments and 4 studios; 13,600 square feet on a 0.31‑acre parcel, constructed in 1920
(585) 719-3500 Call to check price and availability
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