Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Main Street Mixed-Use Redevelopment Title is generated by Realmo AI

    32 North Main Street, Canandaigua, NY 14424

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Mixed-use redevelopment in the Finger Lakes Region on Main Street.

    Type:Retail
    Property size:
    60,000 SF
    Added:
    Mar 25, 2026
    Days on Market:
    57
    Last Refresh:
    Mar 18 at 7:33 am

    Property Features for 32 North Main Street

    General Information

    Standard status
    Active
    Size
    60,000 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Alex Amorese
    Alex Amorese

    Listing agent Alex Amorese License #Licensed Real Estate Salesperson

    Listing office CBRE | Rochester

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | Rochester

    HighLights

    • Centrally located on Main Street in Canandaigua.
    • High visibility mixed‑use redevelopment project.
    • Tenants include Wild East Brewing, a high‑end Italian steak & seafood restaurant, and a wedding/corporate event venue.
    • New facade and lighting.
    • New landscaping.
    • Direct exposure and access from Greig Terrace and Atwater Park.

    Overview

    This mixed-use redevelopment is located on Main Street in Canandaigua, in the Finger Lakes Region. The property, situated on N Main Street, also benefits from direct exposure and access from Greig Terrace and Atwater Park. The redevelopment features a new facade and lighting, along with new landscaping. Tenants are slated to open between Fall of 2025 and Spring of 2026 and will include Wild East Brewing, a high-end Italian steak and seafood restaurant, Canandaigua’s newest wedding and corporate event venue, a regional smoothie and juice cafe, and an expansion of a municipal office headquarters. The property offers high visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Canandaigua
    County
    Ontario
    State
    New York
    Longitude
    -77.2827326
    Latitude
    42.8885238

    Nearby Similar for Lease

    • $3,300/Mo
      6,500 SF

      Prime Retail/Office Space Available

      Spacious street-level retail or office space in Canandaigua's business district.
      175 S Main St, Canandaigua, NY 14424
      View Details
    • $2,300/Mo
      2,000 SF

      Historic Fire Station Storefront

      Versatile Canandaigua storefront in a repurposed 1880 fire station.
      13 Niagara Street, Canandaigua, NY 14424
      View Details
    • $5 SF/Yr
      30,000 SF

      Retail Space in Busy Corridor

      Shopping center space for lease on a busy retail corridor.
      4406 State Rte 5 And 20, Canandaigua, NY
      View Details
    • Contact for pricing
      2,260 SF

      Retail Space in Canandaigua, NY

      Retail space available for lease in Canandaigua, New York.
      3225 State Route 364, Canandaigua, NY
      View Details
    • Contact for pricing
      10,160 SF

      Retail Space Near Major Retailers

      Retail space with cross-easement to Walmart, Lowe’s, and Runnings.
      3187-3191 Co Rd 10, Canandaigua, NY
      View Details
    • Contact for pricing
      25,200 SF

      Industrial Building in Canandaigua

      25,200 SF industrial building in great condition for lease.
      5318 N St, Canandaigua, NY
      View Details
    • Contact for pricing

      Retail Space Near Major Intersection

      Retail spaces available in a shopping center anchored by Tops.
      6179 96, Farmington, NY, 14425
      View Details
    • Contact for pricing
      1,880 SF

      Prime Retail Space in Canandaigua

      High-visibility retail space in a busy shopping center.
      47-123 Eastern Blvd, Canandaigua, NY
      View Details
    • Contact for pricing
      5,434 SF

      Retail Space in Parkway Plaza

      Prime retail space in a high-traffic Canandaigua shopping center.
      39 Eastern Blvd, Canandaigua, NY
      View Details
    • Contact for pricing
      27,000 SF

      Retail Space in Canandaigua

      27,000 square foot retail property available for rent.
      4200 Recreation Dr, Canandaigua, NY
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space in Canandaigua, NY

      8,000 sq ft retail space available for lease.
      4175 Recreation Dr, Canandaigua, NY
      View Details
    • Contact for pricing
      60,000 SF

      Mixed-Use Redevelopment in Finger Lakes

      Mixed-use redevelopment on Main Street, Canandaigua, opening Fall 2025-Spring 2026.
      32 N Main St, Canandaigua, NY 14424
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use redevelopment in the Finger Lakes Region on Main Street.
    Where is this mixed-use property located?
    The property is located at 32 North Main Street Canandaigua, NY.
    What are key features of this property?
    This property features: Centrally located on Main Street in Canandaigua.; High visibility mixed‑use redevelopment project.; **Tenants include Wild East Brewing, a high‑end Italian steak & seafood restaurant, and a wedding/corporate event venue.**
    (585) 784-3638
    We can help!
    Listing Contact
    Alex Amorese
    Alex Amorese
    Real Estate License ID: Licensed Real Estate Salesperson
    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

    Thank You for Inquiry
    32 North Main Street, Canandaigua, NY, 14424
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!