Special Purpose•Other•For Sale

Repair Garage Distribution Flex Opportunity

51 Portland Ave, Rochester, New York 14605

Sale Price $179,900
Zoning R3
Bldg Type Multi-Tenant
Year Built 1960
Stories 1
Vacancy 100%
Gross Bldg 6,932 SqFt
Land Area .37 Acres
Market Rochester
ATTENTION INVESTORS and OWNER OCCUPANT USERS! Need a virtual ATM for cash-on-cash return? Need a place to operate your business while other tenants pay your taxes and upkeep? Great opportunity for many uses. Existing tenants provide $47,100; $14,940 in estimated owner expenses (includes taxes and house meters). Unknown ENVIRONMENTAL but has been auto related for decades. Leases are month-to-month. Units A-C pays their own gas, owner pays elec on house meter. Unit D pays both gas and elec. No sign on property, please do not approach tenants or customers. 4 individual tenants within a family held trust w/POA. Please do not approach tenants or trespass. Opportunity for owner occupy if desired. Some deferred maint and will likely need a roof. No PCD avail due to POA never occupying or 1st hand knowledge of property condition. Listing agent must be present for all showings without exception. 48 hours notice to show. Not available to be shown on weekends. Needs a roof and painted. Located in Rochester, NY, this site is just north of the main downtown area (Just north of the Rochester Inner Loop).
2/13/2019 3:36:15 PM 4/8/2019 8:02:41 PM
Tod Myers
Licensed Real Estate Salesperson
KW Commercial Division/KW Greater Rochester West

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