158 Hollenbeck Street, Rochester, NY 14621 (MLS # R1655674)

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PRICE $169,900 SIZE 21,316 sqft LOT SIZE 1.30 ac Request More Info Schedule a Showing

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.