"1542 Dewey / 633 S. Main"   (Street Retail)
Contact Information
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HUNT COMMERCIAL REAL ESTATE CORP
Phone: 716-854-5943
403 Main Street
Suite 105
Buffalo, NY 14203
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esnyder

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716-854-5943

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Location
1542 Dewey Ave.
633 South Main St.
Rochester, NY 14613
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PropBot Matching Loan Programs
Loan Program Category Rate Fees APR
AMERISAVE Owner Occupied 6.000% 0 6.000%
Carey Mortgage Commercial 8.250% 0 8.250%
Carteret Mortgage Commercial 9.375% 695 9.999%
Fat Man Capital, LLC Owner Occupied 10.000% 495 9.999%
Universal Funding Resources Commercial 10.000% 0 9.999%

Interiors
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Title Type Size Floors Available
Interior #1 Street Retail 6,000 sq. feet Yes
Interior #1 Street Retail 6,000 sq. feet Yes

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Description

PRICE REDUCED! 633 SOUTH MAIN ST.-This property consists of one office building with six offices and two (1) bedroom apartments. The building houses a real estate company, a podiatrist, an orthodontist and two (1) bedroom apartments. All utilities are separately metered. Currently there is approximately 2,400 SF of available office space. The building is ideally suited for an owner operator. (This may be purchased separately). 1542 DEWEY AVE.-The property consists of one commercial space housing a delicatessen and a pizza shop, one (4) car garage and two apartment buildings with (4) and (2) apartments respectively. Five of the apartments are (1) bedroom and one apartment is a (2) bedroom. Property is located on a busy Rochester street close to Route 104. Entire property is 100% occupied with leases in place for all commercial spaces and three of the apartments. The garage and the three remaining apartments are rented on a month-to-month basis; however, the tenants for these apartments have been there on an average of 8 years. The property has great cash flow and net operating income. All tenants pay their own utilities with the exception of one of the apartments.This property must be purchased with 633 South Main Street, Newark NY. The mortgage is assumable.


Lot Size: 0.24 acres Year Built: 1930 Net Operating Income: $56,534
Fair market value: $625,000 Sale Status: Active Price: $499,000
Facility Size: 6,000 ft.2 Capitalization Rate: 0.11%