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1584 E Main St
Rochester, NY 14609
Retail Property For Sale
Investment Highlights
- 5,012 SF mixed-use building with restaurant and apartments
- First floor restaurant space currently operating with infrastructure in place
- 2,100 SF additional space available for storage or repositioning
- Separate tax parcel parking lot included in the sale
- Second floor apartments — four one-bedroom units, two leased and two ready for renovation
- Recent roof replacement and strong appeal for investors, owner-users, or redevelopment
Executive Summary
Outstanding mixed-use investment opportunity on Rochester’s East Main Street. This approximately 5,012 SF commercial building includes a separate tax parcel with a large paved parking lot and offers a flexible layout with approximately 2,506 SF on the first floor and 2,506 SF on the second floor, plus approximately 2,100 SF of additional non-contributory space. Built in 1930, the property is currently configured as a full-service restaurant on the first floor with four one-bedroom apartment units above, creating strong income and value-add potential.
With existing residential income, restaurant infrastructure in place, and additional upside through renovation of the remaining apartment units, 1578 E. Main Street presents a compelling opportunity to acquire a character-rich mixed-use asset in an established Rochester corridor. The included parking parcel adds meaningful convenience and utility for tenants, patrons, or future commercial use.
With existing residential income, restaurant infrastructure in place, and additional upside through renovation of the remaining apartment units, 1578 E. Main Street presents a compelling opportunity to acquire a character-rich mixed-use asset in an established Rochester corridor. The included parking parcel adds meaningful convenience and utility for tenants, patrons, or future commercial use.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,493 SF
Building Class
C
Year Built
1930
Price
$695,157 CAD
Price Per SF
$126.55 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.40
Lot Size
0.31 AC
Zoning
Medium Density Res - Allows for a range of housing options while keeping the density of the neighborhoods low.
Parking
39 Spaces (7.1 Spaces per 1,000 SF Leased)
Frontage
139’ on Main St
Amenities
- Restaurant
Property Taxes
| Parcel Numbers | Improvements Assessment | $425,145 CAD | |
| Land Assessment | $40,318 CAD | Total Assessment | $465,462 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$40,318 CAD
Improvements Assessment
$425,145 CAD
Total Assessment
$465,462 CAD
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