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520 Monroe Ave Rochester, NY 14607

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For Sale
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Historic Monroe Ave Retail Property

Property size:
8,861 SF

Property Features for 520 Monroe Ave

General Information

Property type
Individual retail properties
Square Feet
8,861 SF
Class
C
Lot Size
13,068 SF

Building Details

Year Built
1930
Stories
2

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Listing Contact
Terence Shannon

Listing Agency: RE/MAX First Commercial Listing Agent: Terence Shannon

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

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Property Insight Report

Overview

This exceptional investment opportunity presents a mixed-use property located at 520-522 Monroe Avenue in Rochester, New York. The 8,861 square foot building, constructed in 1930, boasts a strong anchor tenant: a bar and restaurant operating successfully for 50 years. The property also includes three apartments and a warehouse, adding to its diverse income streams. The building is classified as Class C and features a modified lease type with multiple tenancies. The lot size is 0.3 acres, providing ample space. Parking is available at a rate of 2.35 spaces per 1,000 square feet. The property's asking price is $675,000, with a projected cap rate of 8.50%. The building is a two-story structure with a clear ceiling height of 12 feet. The property's Assessed Parcel Number (APN) is 261400-121-580-0001 : 003-001-0000. This is a rare chance to acquire a well-established, multi-faceted property in a desirable Rochester location. The combination of a long-term tenant, additional rental units, and warehouse space makes this an attractive investment with significant potential for future growth and returns.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Rochester
County
Monroe
State
New York
Longitude
-77.5930941
Latitude
43.1463482

FAQs

What type of property is this?
Individual retail property - Historic Monroe Ave Retail Property
Where is this individual retail property located?
The property is located at 520 Monroe Ave Rochester, NY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Mixed-use property, 8,861 SF, 520-522 Monroe Ave, Rochester, NY.; Strong anchor tenant (bar/restaurant) with 50-year history.; Three apartments and warehouse provide diverse income streams.
(585) 957-8008 Call to check price and availability
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