INVESTOR ALERT - $40K PRICE REDUCTION! Exceptional value-add opportunity in Rochester's highly sought-after 19th Ward. This turn-key mixed-use building at 564 Chili Avenue delivers immediate residential cash flow with massive commercial upside. The entire second floor features three fully occupied 1-bedroom apartments generating steady income, while the first floor - most recently operating as a bar and nightclub - is ready for your next concept. The expansive commercial space includes a full kitchen, full bar, and open floor plan perfectly suited for a restaurant, lounge, caf?, event venue, or owner-operated business. A full basement offers ample prep, storage, and mechanical space. Building features one electric meter, a single boiler furnace serving the entire property, separate gas meters per unit for stoves, and a fire escape already in place. Heat and electricity are included in the residential leases. C of O active through 8/23/2026. Bring your vision and capitalize on the existing infrastructure at a price that pencils. Rare chance to own income-producing real estate with built-in commercial potential
Listing By
Agency Name: North Star Real Estate
Agency Phone: 585-328-7827
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.
564 Chili Avenue | MLS# R1660406
This commercial property located at 564 Chili Avenue, Rochester, NY 14611 is currently listed for sale with an asking price of $250,000. Chili Avenue is located within the Rochester school district. Search Rochester real estate on www.coldwellbankerchoice.com today.