Prime Redevelopment & Income Opportunity | C-2 Zoned | Rochester, NY Exceptional opportunity to acquire a 21,316 + sq ft commercial building with an additional 7,800 + sq ft building on the same property, offering multiple income streams and redevelopment potential. The secondary building is currently leased. The larger primary building is vacant, ready for redevelopment, and provides immediate cash flow. Property is C-2 zoned, allowing for a wide range of uses including mixed-use development, affordable housing, retail, office, light industrial, and community-based projects (buyer to verify). The site also benefits from high-capacity electrical service with 1,224 high-voltage power (3-408 Wildcat 3-Phase)-a rare and valuable feature for manufacturing, production, or adaptive reuse. While the property requires rehabilitation, it presents a significant value-add opportunity. Adding to the upside, there are five adjacent vacant city-owned lots that may be purchased separately, creating the potential for expansion, additional housing units, parking, or a larger mixed-use footprint. Highlights: Total Building Size: 29,116 + sq ft (two separate buildings) Current Income: $2,500/month from leased building Office Space: 2,000 + sq ft Zoning: C-2 (Mixed-Use / Commercial) Power: 1,224 High Voltage | 3-Phase Status: Value-add / Rehab Opportunity Potential Uses: Affordable Housing, Mixed-Use, Redevelopment, Industrial, Retail Expansion Potential: 5 adjacent city-owned vacant lots available This property offers endless possibilities for investors, developers, or owner-users seeking a large-scale project in Rochester with strong upside potential.
Listing By
Agency Name: Howard Hanna
Agency Contact: 585-673-3794
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
158 Hollenbeck Street | MLS# R1655674
This commercial property located at 158 Hollenbeck Street, Rochester, NY 14621 is currently listed for sale with an asking price of $169,900. Hollenbeck Street is located within the Rochester school district. Search Rochester real estate on www.coldwellbankerchoice.com today.