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    243 S Main St Albion, NY 14411

    For Sale
    $750,000

    SINGLE_FAMILY - Albion, NY

    Type:Office
    Property size:
    61,969 SF
    Lot size:
    4.12 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 8 at 9:06 am

    Property Features for 243 S Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    07 - 465
    APN
    342001-073-010-0002-052-011
    Parking
    220
    Size
    61,969 SF
    Lot size
    4.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    2

    NORCHAR (585) 333-2906 [email protected]

    Listing agent Evan Schaefer (585) 244-4444 License #10301220657

    Listing date Nov 24, 2025

    Copyright © 2025 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.

    Overview

    Albion Medical/Office Complex For Sale

    The Arnold Gregory Complex, originally built in 1957 as a hospital, is available for purchase in Albion, NY. The property offers approximately 60,000 square feet of medical and office space across two floors. Ample on-site parking is available. Currently operating as a multi-tenant office building, the property is approximately 64% occupied with several smaller, short-term office and medical tenants. The property's zoning is 07 - 465. The building's layout features abundant natural light along both sides of a central corridor. The property sits on a 4.12-acre lot. A new owner can continue operating the property as a stable investment or explore the opportunity to convert it to residential use. The versatile zoning and flexible in-place leases make this an exceptional candidate for adaptive-reuse into residential units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rainbow Preschool Preschool Verneice Smiley-Delahanty, PA-C Physician Assistant Arc of Orleans County Attorney SCS Industries Freight Forwarding Service Depaul Social Services Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Orleans
    State
    New York
    Longitude
    -78.191947
    Latitude
    43.238268

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    FAQs

    What type of property is this?
    Office building - Multi-tenant office building with adaptive reuse potential in Albion, NY.
    Where is this office building located?
    The property is located at 243 S Main St Albion, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 60,000 SF of medical/office space on two floors.; - Opportunity to convert to residential use.; - Versatile 'PC' zoning allows for flexible use.
    (585) 244-4444
    Request Owner's contact information
    243 S Main St Albion, NY 14411
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    Albion, NY 14411
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    243 S Main St Albion, NY 14411
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