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Mixed-Use Property with Restaurant
For Sale
$350,000

853-857 South Clinton Avenue, Rochester, NY 14620

Includes an equipped food-service space, two rented apartments, separate utility metering, and on-site parking.

Property Size3,520 SF
Price / SF$140
Days on Market55

Property Features for 853-857 South Clinton Avenue

General Information

Standard status Active
Size 3,520 SF
Total Parking Spaces 10
Property subtype Business

Site & Location

Road Access Yes
Utilities to Site Yes

Restaurant

Seating Capacity 22
Equipment Included Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,743

Building Details

Building Size 3,520 SF
Year Built 1910
Buildings 1
Abandoned No
Listing Agency: Hanna Commercial
Listed By: Paul J. Schiliro · License #40SC0913944
Source: Griffith-realty
Added: Aug 21 Changed: Sep 29 Last Checked: Oct 13 at 3:07AM

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 Hanna Commercial

Investment Insights

Based on property information with market context.

This mixed-use property combines an approximately 2,500 SF restaurant with two second-floor apartments. The food-service space includes a commercial kitchen equipped with an Ansul fire suppression system, grill, fryer, commercial stove, bread oven, and walk-in cooler. Restaurant seating accommodates approximately 22 people, with central air conditioning and gas-fired forced-air heat.

Both apartments are rented month-to-month and use a hot-water boiler system. Utilities are separately metered for the residential units and restaurant. On-site parking accommodates approximately 8-10 vehicles, with additional street parking available. The building was constructed in 1910.

Key Highlights

  • Approximately 2,500 SF restaurant with two second‑floor apartments
  • Commercial kitchen includes Ansul system, grill, fryer, stove, bread oven, and walk‑in cooler
  • Restaurant seating for approximately 22 people

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,375
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,500 $607.5K
Cap Rate 7%
$433,929 $433.9K
Cap Rate 9%
$337,500 $337.5K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$54.0K $21.60/SF
− Vacancy
−$5.4K −$2.16/SF
EGI
$48.6K $19.44/SF
− OpEx
−$18.2K −$7.29/SF
NOI
$30.4K $12.15/SF
Area
Rochester, NY
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,500
Cap Rate 7%
$433,929
Cap Rate 9%
$337,500

Alternative Uses

Best Use
Specialty Retail
$519.0K
$454.1K – $605.5K (±1% cap)
NOI $36,329 @ 7.0% cap · market cap 10.38%
Second Best
Mixed Use
$433.9K
$379.7K – $506.3K (±1% cap)
NOI $30,375 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$684.9K
$599.3K – $799.0K (±1% cap)
NOI $47,940 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Bakery Travel Agency Tech Support Center Electrical Service Locksmith

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

Lease Details

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,965
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 47% Home Improvements & Furnishings 1%
McDonald's Dining
31,020 visits/mo 0.5 miles
Burger King Dining
13,699 visits/mo 0.5 miles
Speedway Shops & Services
11,749 visits/mo 0.5 miles
7-Eleven Shops & Services
8,624 visits/mo 0.4 miles
Pet Supplies Plus Shops & Services
7,353 visits/mo 0.4 miles

Demographics for 14620, NY

24,185
Population
13,060
Households
1.9
Avg Household Size
35
Median Age
56%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
5,497
Density / Sq Mi
$59,525
Median Household Income
$40,467
Median Earnings
$1,193
Median Rent
$197,700
Median Home Value

Market

Vacancy Rate% for Retail in Rochester, NY

9.6% 2020
9.1% 2021
9% 2022
8.6% 2023
9.4% 2024
9.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes an equipped food-service space, two rented apartments, separate utility metering, and on-site parking.
Where is this mixed-use property located?
The property is located at 853-857 South Clinton Avenue 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: Approximately 2,500 SF restaurant with two second‑floor apartments; Commercial kitchen includes Ansul system, grill, fryer, stove, bread oven, and walk‑in cooler; Restaurant seating for approximately 22 people
More about this property
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