425 Merchants Rd

Baths
9,964 Sq. Ft.
$42 / Sq. Ft.
9,964
Sq. Ft.
$42
per Sq. Ft.

Description

Approximately 10,000 sf multi use 1920's brick building. Presently occupied by Remingtons Restaurant & 4 apartments. Remingtons is an award winning ,popular fine-dining neighborhood restaurant & bar. There are 2 dining areas with 40+seating in each. bar/lounge area with a capacity for 30. Outdoor sitting for additional 16. Restaurant is a 5 year triple net lease. Upper level has 4 -2 bedroom apartments presently occupied, detached 4 car garage, 2 parking lots.Approximately 10,000 sf multi use 1920's brick building. Presently occupied by Remingtons Restaurant & 4 apartments. Remingtons is an award winning ,popular fine-dining neighborhood restaurant & bar. There are 2 dining areas with 40+seating in each. bar/lounge area with a capacity for 30. Outdoor sitting for additional 16. Restaurant is a 5 year triple net lease. Upper level has 4 -2 bedroom apartments presently occupied, detached 4 car garage, 2 parking lots.

Listing Agents

  1. Leigh M. Williams

    Leigh M. Williams

    Listing Agent

    RE/MAX Plus

    P: (585)-330-4003

  2. Listed by Priscilla F. Mooney • RE/MAX Plus
    P: (585)-279-8200 C: (585)-481-2612

Property Details for 425 Merchants Road

Subdivision Comm Complex
Kurlansky & Priceman
On Waterfront
No
Parking Description
On Site, Surfaced
Zoning Code
C-1
Nearest Cross Street
Akron St
LISTING CLOSED: 11/06/2018 12:00 AM

Property Details for 425 Merchants Road

StatusClosed
MLS #R1144474
Days on Market13
Taxes$11,133 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1920
Lot Size0.21 AC / 9,220 SF
CountyMonroe County

Location

Listing Courtesy of RE/MAX Plus

Sold By RE/MAX Plus

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Building Information for 425 Merchants Road

Stories2Residences5Year Built1920Lot Size0.21 AC / 9,220 SF

Payment Calculator

$2,996 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,068

Property Taxes

$928

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 425 Merchants Road

Summary
Location and General Information
  • Accessibility: Accessible Hallways
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle Or Junior School District: Rochester
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage YN: Yes
  • Parking Total: 30.00
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $11,133.00
Property
Lot Information
  • Building Area Total: 9964.0
  • Land Features: Rectangular, Rectangular Lot
  • Num Of Acres: 0.2117
  • Lot Size Area: 0.2117
  • Lot Size Square Feet: 9220.0
  • Lot Size Units: Acres
  • Num Of Buildings: 2
  • Parcel Number: 261400-107-730-0001-060-000-0000
  • Possible Uses: Restaurant
  • Lot Number: 60
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $178,000
  • Year Built: 1920
  • Year Built Description: Existing
  • Year Established: 1986
  • Zoning Description: Commercial
  • Property Sub Type Additional: Apartment, Mixed Use
Utilities
  • Electric Service: Volts220
  • Sewer Description: Public Sewer
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Public
Interior and Exterior Features
Exterior Features
  • Building Features: Private Restrooms
  • Construction Materials: Brick
  • Roof Description: Asphalt
  • Type Of Building: Bar Tavern Lounge
Interior Features
  • Basement Description: Full, Storage Space
  • Basement YN: Yes
  • HVAC Type: Separate Meters, Zoned, Central Air
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Linoleum, Varies, Vinyl, Carpet
  • Heating: Gas, Separate Meters, Zoned, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 9964.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Business Name: Remingtons
  • Net Operating Income: -$11,133.00
  • Number Of Full Time Employees: 7
  • Number Of Units Total: 5
  • Operating Expense Includes: Accounting, Insurance, Legal, Maintenance, Professional Management
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Lease YN: No

Property History for 425 Merchants Road

DateEvent & SourcePriceAppreciation
Nov 6, 2018

Sold

WNYREIS #R1144474

$415,000
Sep 18, 2018

Pending

WNYREIS #R1144474

Sep 5, 2018

Listed (Active)

WNYREIS #R1144474

$475,000
DateEvent & SourcePrice
11/06/2018

Sold

WNYREIS #R1144474

$415,000
09/18/2018

Pending

WNYREIS #R1144474

09/05/2018

Listed (Active)

WNYREIS #R1144474

$475,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 425 Merchants Road

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
School 52 Frank Fowler Dow
PublicPK to 6

School 45 Mary Mcleod Bethune
PublicPK to 8

East High School
Public9 to 12

School 28 Henry Hudson
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Plus

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.