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Remodeled Office Building
For Sale
$699,900

2138 Empire Boulevard, Webster, NY 14580

CommercialSale, Webster, NY

Property Size7,950 SF
Lot Size0.57 Acres
Price / SF$88.04
Days on Market78

Property Features for 2138 Empire Boulevard

General Information

Property type Commercial Sale
Property subtype Office
Zoning Conv. Res.
Zoning description Residential Multi Use
Parking 22
Lot features Pie Shaped Lot
Elementary school district Webster
Middle school district Webster
High school district Webster
Directions Bay Road to Empire
Subdivision Webster-265489
Standard status Active
APN 265489-093-080-0001-008-000
Size 7,950 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Annual Amount 17158

Utilities

Sewer type Public Sewer
Heating system Zoned, Forced Air, Natural Gas
Cooling system Zoned, Central Air

Amenities

attached garage
mini split HVAC
newer furnaces
new glass garage door
new awnings
stone front accents

Building Details

Year built 1948
Floors in Building 3
Flooring type Linoleum, Vinyl
Building materials BlownInInsulation, Block, WoodSiding
Roof type Shingle
Listing Agency: RE/MAX Plus · RE/MAX International
Listed By: Nunzio Salafia · License #10491200430
Added: Jul 20 Changed: Oct 1 Last Checked: Oct 5 at 3:06PM
MLS# R1700054

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7,950-square-foot office building in Webster offers a flexible layout for a single occupant or division into two or three separate operations. Approximately 4,000 square feet has been newly completed within the past five years, with updated flooring, interior paint, four mini-split systems, a newer furnace, and an attached garage suitable for storage or operational use. The property also features zoned central air, forced-air natural gas heat, a shingle roof, public sewer, and a combination of block and wood siding construction.

Located at 2138 Empire Boulevard, the property includes a driveway extension completed in 2023 with more than 22 parking spaces. Exterior improvements include new paint in 2023, stone front accents, new awnings, and a new glass garage door. The building sits 7 doors from Dunkin' Donuts, 11 doors from Walmart, and 12 doors from Wegmans.

Key Highlights

  • 7,950‑square‑foot office building on 0.57 acres
  • Flexible configuration for one occupant or two to three separate operations
  • Approximately 4,000 square feet completed within the past 5 years

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,847
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,196,940 $1.2M
Cap Rate 7%
$854,957 $855.0K
Cap Rate 9%
$664,967 $665.0K
Market Conditions
NOI Build-Up for 7,950 SF
Gross rent
$111.6K $14.04/SF
− Vacancy
−$31.8K −$4.00/SF
EGI
$79.8K $10.04/SF
− OpEx
−$19.9K −$2.51/SF
NOI
$59.8K $7.53/SF
Area
Monroe County, NY
Vacancy
28.51%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,196,940
Cap Rate 7%
$854,957
Cap Rate 9%
$664,967

Alternative Uses

Best Use
Retail
$1.10M
$965.2K – $1.29M (±1% cap)
NOI $77,214 @ 7.0% cap · market cap 11.03%
Second Best
Office B
$855.0K
$748.1K – $997.5K (±1% cap)
NOI $59,847 @ 7.0% cap · market cap 8.55%
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,831 @ 7.0% cap · market cap 15.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Exotic Pet Birds ... (Bike/Boat/Book/etc) Store Exotic Pet Reptiles (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom Electrical Service Garden Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby

Demographics for 14580, NY

54,148
Population
24,355
Households
2.2
Avg Household Size
46
Median Age
45%
College-Educated
96%
High-School Grad
42.6 sq mi
ZIP Area
1,271
Density / Sq Mi
$95,499
Median Household Income
$58,150
Median Earnings
$1,387
Median Rent
$253,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible commercial building that can accommodate one occupant or be configured for multiple operations.
Where is this office building located?
The property is located at 2138 Empire Boulevard Webster, NY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 7,950‑square‑foot office building on 0.57 acres; Flexible configuration for one occupant or two to three separate operations; Approximately 4,000 square feet completed within the past 5 years
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