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
Agent Name: John Grassi
Agent Phone: (716) 432-9627
Agency Title: MJ Peterson Real Estate
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 jgrassi.mjpeterson.com today.