Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    438 West Avenue Albion, NY 14411

    View on Map
    For Lease
    $59,900

    COMMERCIAL - Albion, NY

    Property size:
    6,695 SF
    Lot size:
    1.10 Acres
    Added:
    Dec 4, 2025
    Days on Market:
    118
    Last Refresh:
    Apr 1 at 1:06 pm

    Property Features for 438 West Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C
    Parking
    50
    Interior features
    AirFiltration
    Standard status
    Active
    APN
    342001-073-009-0001-037-011
    Size
    6,695 SF
    Lot size
    1.10 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    6716

    Utilities

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

    Building Details

    Year built
    1980
    Floors in Building
    1
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Mark F Zambito
    Mark F Zambito

    Listing agent Mark F Zambito License #10491211627

    Listing office Berkshire Hathaway Homeservices Zambito Realtors 11228 Maple Ridge Rd, Medina, NY

    Listing date Dec 4, 2025

    MLS# B1652734

    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.

    Overview

    Turnkey Cafe Space in Albion

    A turnkey cafe space is available for rent within a commercial building situated on West Avenue/State Route 31 in Albion, New York. This suite features an inviting layout suitable for a coffee shop, bakery, or small cafe. The space benefits from an established customer flow and convenient parking. The interior provides a footprint that can be adapted to various food or beverage concepts. The property is centrally located near other local businesses and experiences steady traffic. The property is situated on a 1.1-acre lot. The space is equipped with a POS system, prep tables, flat top griddle, convection oven, and other equipment. The land and building are also listed for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wild Flour Deli ... Bakery Serenity Spa & Holistic ... Spa & Massage Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Rise & Grind — 63 N Main St, Albion, NY 14411

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Orleans
    State
    New York
    Longitude
    -78.207218
    Latitude
    43.240205

    Nearby Similar for Lease

    • Contact for pricing

      Versatile Office Space in Albion

      First-floor office space in Albion's Main Street Business District.
      109 N Main Lower Street, Albion, NY 14411
      View Details
    • $6/mo

      Albion Shopping Center Retail Spaces

      Retail spaces available in high-traffic Albion shopping center.
      316 West Avenue, Village of Albion, NY 14411
      View Details
    • Contact for pricing

      Warehouse Space with Loading Docks

      3000+ sq ft warehouse with loading docks and parking.
      165 S Platt St, Albion, NY
      View Details
    • $6/mo

      Retail Property in Albion, NY

      Retail property with leasing opportunities in Albion, NY.
      316-326 West Ave, Albion, NY
      View Details
    • Contact for pricing

      Warehouse Space Available For Rent

      Warehouse space available for rent, from 1,000 to 64,000 SF.
      151 S Platt St, Albion, NY
      View Details

    FAQs

    What type of property is this?
    Coffee shop - Cafe-ready space in a thriving corridor, excellent opportunity!
    Where is this coffee shop located?
    The property is located at 438 West Avenue Albion, NY.
    What is the lease rate?
    The lease rate is $59,900.
    What are key features of this property?
    This property features: Turnkey cafe space with **full equipment list included** (POS, prep tables, griddle, oven, etc.).; **Prime central location** on West Ave/State Route 31 in the Village of Albion with steady traffic.; Established customer flow and convenient parking for patrons.
    (585) 576-3435
    We can help!
    Listing Contact
    Mark F Zambito
    Mark F Zambito
    Real Estate License ID: 10491211627
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!