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    248R State Route 31 Macedon, NY 14502

    For Lease
    $699,000

    Commercial Lease, Other - Macedon, NY

    Property size:
    10,086 SF
    Lot size:
    1.89 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 248R State Route 31

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    10,086 SF
    Lot size
    1.89 Acres

    Building Details

    Year built
    1930
    Architectural style
    Other

    NextHome, Inc

    Listing agent Jenée Vanderstyne 5854436398585443NEXT License #10401350780,PersonLicenseNumber

    Listing date Oct 23, 2025

    MLS# R1619493 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space in Macedon

    Located on State Route 31 in Macedon, New York, this property offers a versatile space suitable for investors or owner-operators. The building features renovated first and second floors designed for events, athletic training, and sports activities. The ground floor provides shop space, including an area with an overhead door for accessibility. Situated in a growing commercial hub, the location benefits from high traffic visibility and accessibility, surrounded by established businesses, retail centers, and dining destinations. Macedon is part of the Greater Rochester market, offering a strong economy and increasing demand for commercial and mixed-use spaces. The property's proximity to residential neighborhoods and key transportation routes ensures a steady flow of potential customers and business opportunities. The property offers flexibility and versatility, with a neighboring parcel available for growth. The lot size is 1.89 acres and the property size is 10086 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Macedon
    County
    Wayne
    State
    New York
    Longitude
    -77.36470032
    Latitude
    43.06387329

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    FAQs

    What type of property is this?
    Retail space - Renovated commercial space with high visibility and multiple income streams.
    Where is this retail space located?
    The property is located at 248R State Route 31 Macedon, NY.
    What are key features of this property?
    This property features: - Seller financing and low down payment options available.; - Currently leased, providing an immediate investment opportunity.; - **High-traffic location on State Route 31 in Macedon, NY, offering excellent visibility and accessibility.**
    (585) 443-6398
    Request Owner's contact information
    248R State Route 31 Macedon, NY 14502
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    Macedon, NY 14502
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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
    248R State Route 31 Macedon, NY 14502
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