CCertihomes
238 South Avenue, Rochester, NY 14604

$1,600,000

0 beds 0 baths 5,760 sqft Built 19000 days on marketActive

About this home

Turnkey Mixed-Use Investment Opportunity in the Heart of Rochester. This beautifully renovated, all-brick building offers over 4, 000 sq. ft. of prime commercial and residential space in Rochester's downtown business district. Completely renovated in 2019, the property features modern plumbing, electrical, and HVAC systems, making it a truly turnkey investment. First Floor you will find a fully leased bar/restaurant space with a strong tenant in place. Upper floors you will find four stylish loft apartments, each offering open-concept layouts with high ceilings. Contemporary finishes and modern design, stainless steel appliances, separate heating and A/C systems. All units are on a yearly lease. Ideally located with convenient access to public transportation and just minutes from Geva Theatre, the Strong Museum, and many restaurants. This is a rare opportunity for investors seeking a strong rental income opportunity. Don't miss your chance to own a fully leased, income-generating investment property.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$11,184/mo

Real estate (PITI + HOA + PMI)
$10,142
Principal + interest$7,257
Property tax + insurance$2,285
PMI / 2nd mortgage$600
Utilities
$3,091
Heating + cooling$1,391
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$143
$11,184/mo TLC
Budget$11,684/mo
Remaining after TLC$500/mo
Purchase price
$1,600,000
Down payment
$80,000 (5%)
Loan amount
$1,520,000
APR
4%

Quick facts

Type
Business
Style
Year built
1900
Lot size
0.095 ac
Stories
3
Heating
Gas
Cooling
CentralAir
Water
Public
HOA
Annual tax
$7,419
MLS #
R1625179
County
Monroe

At a glance

Air conditioning
Basement

Home features

Parking
OtherParkingFeeSeeRemarks
Flooring
Concrete, Linoleum, Vinyl
Roof
Membrane, Rubber

Lot features

Rectangular, RectangularLot

Neighborhood — 14604

MetricThis ZIPCountyUSA
Population1,58419,351,094299,088,112
Population Change Since199020.00%8.00%20.00%
Population Density5,067395
Male7659,381,926147,432,321
Female8199,969,168151,655,844
Never Married7084,946,39163,775,926
Married1587,166,701123,120,365
Separated2291,159,67312,639,686
Widowed1141,110,24515,467,586
Divorced2041,210,44823,075,029
Number Of House Hold8917,102,016111,826,380
Average House Hold Size1.472.642.60
Medial Age35.4736.5335.46
Median House Hold Income$12,597$49,847$48,276
Average House Hold Income$28,710$70,032$63,629
P C I$18,238$26,569$24,529
M D I$11,746$42,210$41,133
A T H E$31,024$54,185$50,898
S T R8.00%4.00%
W C J81.56%81.55%77.74%
(Zip) Code
14604

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 7/24/2025. Provided courtesy of Howard Hanna via Buffalo MLS. Information deemed reliable but not guaranteed.