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Two-Floor Office Building
For Sale
$750,000

243 S Main Street, Albion, NY 14411

SINGLE_FAMILY - Albion, NY

Property Size61,969 SF
Lot Size4.12 Acres
Price / SF$12.10
Days on Market252

Property Features for 243 S Main Street

General Information

Property type Residential
Property subtype Office
Zoning 07 - 465
Zoning description Commercial
Parking 220
Lot features Irregular Lot
Elementary school district Albion
Middle school district Albion
High school district Albion
Subdivision Albion Village-Albion-Orleans Co.-342001
Standard status Active
APN 342001-073-010-0002-052-011
Size 61,969 SF
Lot size 4.12 Acres

Taxes and HOA fees

Tax Annual Amount 21350

Utilities

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

Building Details

Year built 1958
Floors in Building 2
Listing Agency: NORCHAR, LLC
Listed By: Evan Schaefer · License #10301220657
Added: Nov 24, 2025 Changed: Aug 1 Last Checked: Aug 3 at 1:06AM
MLS# R1652418

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.

The Arnold Gregory Complex is a two-floor, multi-tenant office building totaling 61,969 SF, currently operating with approximately 64% occupancy. The layout features abundant natural light along both sides of a central corridor, supporting a flexible tenancy configuration with smaller, short-term office/medical tenants. Heating is provided by natural gas and electric (heating), and the property is served by public water and public sewer.

The complex is located at 243 S Main Street in Albion, NY (Orleans County) and includes ample on-site parking. Zoning is listed as 07 - 465, and the property is described as having flexible in-place leases.

An available option is to continue operating as a stable investment or to explore adaptive reuse. The existing configuration and corridor layout are positioned for alternative end uses, including a potential residential conversion.

Key Highlights

  • 61,969 SF two‑floor multi‑tenant office building
  • Approximately 64% occupancy with smaller office/medical tenants
  • Central corridor layout with abundant natural light along both sides

Property Analytics

Current Use

Rainbow Preschool High School Verneice Smiley-Delahanty, PA-C Physician Arc of Orleans County Law Firm SCS Industries Freight Service Depaul Social Service Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic Grocery & Convenience Store Cafe & Coffee Shop

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

Lease Details

64%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 14411, NY

13,334
Population
5,683
Households
2.3
Avg Household Size
41
Median Age
12%
College-Educated
85%
High-School Grad
112.7 sq mi
ZIP Area
118
Density / Sq Mi
$53,626
Median Household Income
$35,681
Median Earnings
$888
Median Rent
$108,500
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-floor, multi-tenant office building on Public Sewer with natural light along a central corridor.
Where is this office building located?
The property is located at 243 S Main Street 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: 61,969 SF two‑floor multi‑tenant office building; Approximately 64% occupancy with smaller office/medical tenants; Central corridor layout with abundant natural light along both sides
More about this property
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