$375,000

About this home

If you've ever done the math on what you hand a landlord every month for your shop, then paid a mortgage on top of that, this one is going to get your attention. 80 Chestnut Hill Road is one of the only buildings in Rochester where you can run your business and live on the same lot, legally. It's zoned Neighborhood Mixed Use, and that zoning does the heavy lifting. The commercial side, about 1,400 square feet of open, street-facing space, can be a hair salon, a professional office, a cafe or a sit-down restaurant, a boutique, an antique shop, a florist, or an artist's studio, all by right. It's been a TV repair shop for more than twenty years, so the corner is already a known stop. Out front is something special for any business: an oversized, grandfathered sign right at the street. Your name goes where the whole road can see it. The other side is a 2-bedroom apartment, already rented to long-term tenants, so there's income from day one. Run your business up front and live next door, a twenty-foot commute, or keep both sides rented and let them carry the place. The location, the parking, the income, and that zoning are the parts you can't add later. The inside is ready for your style. You're on Chestnut Hill Road between downtown Rochester and The Ridge, with quick access to Routes 16, 11, and 125. Built in 1920, with an attached carport, paved parking out front, and a deep lot behind it. Buildings that pay you two ways and put your name on the street don't come up often at $375,000. Some uses are by right and others need town approval; confirm your plan with the City of Rochester. Buyer to do own due diligence.

Property details

MLS #

5093470

Property type

Residential Income

Subdivision

N/A

Status

Active

Days on market

65

On market date

N/A

Stories

N/A

Garage spaces

N/A

Lot size

0.4 acres

Nearby schools

Within 10 miles · public school directory data (NCES)