1495 Lake Avenue, Rochester, NY 14615

$1,000,000
6,359
SqFt
List Price
$1,000,000
Status
A-ACTIVE
MLS#
R1172854
Price Change
▼ $200,000 1556600730
Year Built
1952
Dom
100
Stories
1
Acres
0.53
Living Area
6,359
Subdivision
Lake & Ridgeway
Region
Not Applicable
Neighborhood
Maplewood

Property Description

Beautiful brick building in a high traffic area of the city of Rochester. Located steps from Kodak park, restaurants, banks and convenience stores. Long term tenants have about 12 years left in lease and are thriving as a business. Plenty of dedicated parking and architecturally a stunning building. This commercial property is a great addition to anyone's portfolio with nice returns, low risk, little to no overhead and a rock solid log term tenant. 8.4% cap rate with Absolute Triple Net Lease.

Additional Information

Taxes
$22,374
School District
Rochester
Parking Description
On Site, Surfaced

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of WCI Realty.

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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Real Estate Company shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2019 CNYIS, GENRIS, WNYREIS. All rights reserved.