321 Driving Park AVE, Rochester, NY 14613
321 Driving Park AVE, Rochester, NY 14613
321 Driving Park AVE, Rochester, NY 14613
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$1,300,000
Est. payment /mo
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10 Beds
10,200 SqFt
New

321 Driving Park AVE Rochester, NY 14613

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Key Details

Property Type Multi-Family, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,200 sqft

Price per Sqft $127

Subdivision John Straub S0B

MLS Listing ID R1707522

Bedrooms 10

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $15,265

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 53X102

Property Sub-Type Commercial

Property Description

Another Rockin' Rochester Property. Exceptional 17-unit mixed-use investment opportunity with commanding corner presence in Rochester's historic Edgerton neighborhood! 321–331 Driving Park Avenue combines classic brick architecture, tremendous character and multiple income streams with a strong 9.06% cap rate. The property consists of 14 residential apartments—10 one-bedroom and 4 studio units—plus 3 street-level commercial storefronts, creating a diversified residential and commercial income base.

The building has been well maintained while preserving the character that makes this property stand out. Residential units feature gleaming hardwood floors, vinyl windows and bright, airy living spaces. Electric and cooking gas are separately metered, while professionally leased and serviced on-site laundry equipment provides additional convenience. Fourteen basement storage units offer further potential for additional revenue.

Ownership has continued to reinvest in the property with significant recent improvements including a GACO roof (2024), Bradford White hot water tank under warranty (2026), new professionally leased laundry equipment (2025), keyless entry system (2025), Arlo camera system (2025), and upgraded LED lighting throughout common areas, exterior and Store 2 (2026).

A brand-new Certificate of Occupancy will be provided at closing. With its prominent corner location, attractive brick façade, strong unit mix, multiple revenue streams, recent capital improvements and compelling 9.06% cap rate, this is an opportunity to acquire a distinctive Rochester mixed-use asset with both immediate income and future upside.

Location

State NY

County Monroe

Community John Straub S0B

Area Rochester City-261400

Direction East on Driving Park from Lake Avenue.

Rooms

Basement Full

Interior

Interior Features Intercom, Storage, Skylights, Natural Woodwork

Heating Gas, Hot Water

Flooring Carpet, Hardwood, Luxury Vinyl, Tile, Varies

Equipment Intercom

Fireplace No

Window Features Skylight(s)

Appliance Common Water Heater, Exhaust Fan, Gas Cooktop, Gas Water Heater, Refrigerator, Range Hood

Laundry Common Area, Coin-operated

Exterior

Community Features Laundry Facilities, Other, Storage Facilities, See Remarks

Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Flat,Membrane,Rubber

Garage No

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Brick,Frame,Copper Plumbing

Construction Status Existing

Schools

School District Rochester

Others

Senior Community No

Tax ID 261400-090-820-0001-023-001-0000

Security Features Security System Owned,Fire Escape,Security Service

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard


Listed by RE/MAX Realty Group

Nearby School & Business

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Adam Grandmont

+1(585) 203-6541

grandmont.adam@gmail.com