Office Building with Flexible
1 N Main Street, Mendon, NY 14472
For Sale
Contact for pricing
Four spaces are arranged across two floors, and utilities are included with the upper-level options.
Property Size14,623 SF
Price / SF$0.14
Days on Market60
Property Features for 1 N Main Street
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Buildings
Listing Agency:
Howard Hanna
(585) 334-1020
Listed By:
Melissa A Carey · License NY #10301216069
(585) 313-4534
Source:
Prestigefamilyrealty
Added: Sep 12
Changed: Nov 9
Last Checked: Nov 9 at 5:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna
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Investment Insights
Based on property information with market context.
Built in 1900, this office property occupies a corner parcel at 1 N Main Street in Mendon. Four suites are offered across two levels: 934 SF and 1,416 SF on the main floor, plus 230 SF and 140 SF upstairs. The spaces may be leased separately or combined. Utilities are included for the upper-level suites, and interior finish choices are being prepared with input from incoming tenants. The building retains an original safe from its former bank use.
The property sits beside the village park. Its prior occupant was an eye care practice, which operated in the building for 38 years. Potential modifications are possible for a tenant, subject to agreement.
The property sits beside the village park. Its prior occupant was an eye care practice, which operated in the building for 38 years. Potential modifications are possible for a tenant, subject to agreement.
Key Highlights
- Four suites: 934 SF, 1,416 SF, 230 SF, and 140 SF
- Main‑floor spaces measure 934 SF and 1,416 SF; upper‑floor spaces are 230 SF and 140 SF
- Utilities included for the two upper‑level suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,080
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,201,600
$2.2M
Cap Rate 7%
$1,572,571
$1.6M
Cap Rate 9%
$1,223,111
$1.2M
Market Conditions
NOI Build-Up for 14,623 SF
Gross rent
$205.3K $14.04/SF
− Vacancy
−$58.5K −$4.00/SF
EGI
$146.8K $10.04/SF
− OpEx
−$36.7K −$2.51/SF
NOI
$110.1K $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%
$2,201,600
Cap Rate 7%
$1,572,571
Cap Rate 9%
$1,223,111
Alternative Uses
Best Use
Healthcare Medical
$2.41M
$2.11M – $2.81M
NOI $168,589 @ 7.0% cap
Second Best
Office B
$1.57M
$1.38M – $1.83M
NOI $110,080 @ 7.0% cap
Theoretical Best
Specialty Retail
$2.81M
$2.46M – $3.28M
NOI $196,502 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
Business Placement
Demographics for 14472, NY
8,566
Population
3,524
Households
2.4
Avg Household Size
46
Median Age
62%
College-Educated
98%
High-School Grad
44.1 sq mi
ZIP Area
194
Density / Sq Mi
$128,456
Median Household Income
$65,241
Median Earnings
$1,055
Median Rent
$330,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in Monroe County, NY
Properties on Market for Office Units in Monroe County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Four spaces are arranged across two floors, and utilities are included with the upper-level options.
Where is this office unit located?
The property is located at 1 N Main Street Mendon, NY.
What are key features of this property?
This property features: Four suites: 934 SF, 1,416 SF, 230 SF, and 140 SF; Main‑floor spaces measure 934 SF and 1,416 SF; upper‑floor spaces are 230 SF and 140 SF; Utilities included for the two upper‑level suites
