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Mixed-Use Building with Retail Space
For Sale
$350,000
Pending

523 N Goodman St, Rochester, NY 14609

Over 7000 sq ft building with retail and apartments.

Property Size7,000 SF
Days on Market98

Property Features for 523 N Goodman St

General Information

Standard status Pending
Size 7,000 SF
Property subtype Commercial

Building Details

Year Built 1925
Listing Agency:
Listed By: Marcia E. Glenn
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 29 at 7:28PM

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 Marcia E. Glenn

Investment Insights

Based on property information with market context.

This over 7000 square foot mixed-use building features approximately 5500 square feet of retail space on the first floor and two apartments on the second floor. One apartment is a three-bedroom, one-and-a-half-bath unit with a living room and kitchen. The other is a two-bedroom, one-bath unit, also with a living room and kitchen. The retail space is open with an office, a half bath, and an additional back office that opens onto a large storage space. The two apartments are occupied by long-term, month-to-month tenants. The basement can be used for display space and offers additional storage. Tenants have separate electric meters; the landlord pays for heat and water. The first-floor space can be used as retail, a grocery/deli, or converted into additional apartment space. The property is listed with the city as 519-523, but the number on the storefront is 521 North Goodman. The location is bikeable with a score of 60, very walkable with a score of 79, and has good transit with a score of 66, making it a potentially great commercial investment.

Key Highlights

  • Large building featuring over 5500 sq ft of retail space
  • Two apartments upstairs provide immediate rental income
  • Versatile first‑floor retail space, can be converted

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Locksmith (Bike/Boat/Book/etc) Store Florist Pharmacy Computer & Electronic Repair

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

1,659
Businesses Nearby

Demographics for 14609, NY

41,329
Population
19,404
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
88%
High-School Grad
7.4 sq mi
ZIP Area
5,585
Density / Sq Mi
$61,933
Median Household Income
$42,046
Median Earnings
$1,122
Median Rent
$144,500
Median Home Value

Market

Properties on Market for Mixed-use properties in Rochester

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Over 7000 sq ft building with retail and apartments.
Where is this mixed-use property located?
The property is located at 523 N Goodman St Rochester, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Large building featuring over 5500 sq ft of retail space; Two apartments upstairs provide immediate rental income; Versatile first‑floor retail space, can be converted
More about this property
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