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Medical Office Buildings with Parking
For Sale
$1,500,000

325-329 South Main Street, Canandaigua, NY 14424

Two-building property offers flexible clinical and office layouts with dedicated on-site parking.

Property Size10,321 SF
Lot Size0.42 Acres
Price / SF$145.33
Days on Market54

Property Features for 325-329 South Main Street

General Information

Standard status Active
Size 10,321 SF
Total Parking Spaces 26
Lot size 0.42 Acres
Property subtype Office
Zoning mixed-use

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $39,897

Building Details

Building Size 10,321 SF
Year Built 1925
Buildings 2
Abandoned No
Listing Agency: Tru Agent Real Estate
Listed By: Danielle M. Clement · License #10311210210
Source: Highfallssir
Added: Aug 19 Changed: Oct 8 Last Checked: Oct 10 at 12:01AM

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 Tru Agent Real Estate

Investment Insights

Based on property information with market context.

This medical office property comprises two buildings totaling 10,321 square feet on .42 acres. The interior includes 21 patient and clinical rooms, six private offices, multiple reception and waiting areas, 9–10 workstation positions, break rooms on both floors, second-floor office and storage areas, and five bathrooms. Five furnaces, dedicated AC units, and a Fujitsu mini-split system create multiple HVAC zones for independent area control. Public gas, electric, water, and sewer serve the property, and the buildings were constructed in 1925.

The property at 325-329 S Main St in Canandaigua provides 100 feet of frontage along S Main Street, 26 dedicated parking spaces—including three ADA spaces—and six ingress and egress points. Mixed-use zoning supports medical, dental, professional office, multi-tenant, and owner-occupant applications. The site has a Bike Score of 50 and a Walk Score of 0.

Key Highlights

  • 10,321 square feet across two buildings on .42 acres
  • 21 patient and clinical rooms, six private offices, and 9–10 workstation positions
  • 26 dedicated on‑site parking spaces, including three ADA spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,500
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,090,000 $2.1M
Cap Rate 7%
$1,492,857 $1.5M
Cap Rate 9%
$1,161,111 $1.2M
Market Conditions
NOI Build-Up for 10,321 SF
Gross rent
$185.8K $18.00/SF
− Vacancy
−$18.6K −$1.80/SF
EGI
$167.2K $16.20/SF
− OpEx
−$62.7K −$6.07/SF
NOI
$104.5K $10.13/SF
Area
Ontario County, NY
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,090,000
Cap Rate 7%
$1,492,857
Cap Rate 9%
$1,161,111

Alternative Uses

Best Use
Office B
$2.36M
$2.06M – $2.75M (±1% cap)
NOI $165,194 @ 7.0% cap · market cap 11.01%
Second Best
Healthcare Medical
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,722 @ 7.0% cap · market cap 9.51%
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M (±1% cap)
NOI $216,246 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Garden Center Locksmith (Bike/Boat/Book/etc) Store Bakery

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,124
Businesses Nearby
Under-served
Demand for This Use

Demographics for 14424, NY

28,353
Population
14,482
Households
2
Avg Household Size
48
Median Age
41%
College-Educated
94%
High-School Grad
129.5 sq mi
ZIP Area
219
Density / Sq Mi
$79,135
Median Household Income
$45,885
Median Earnings
$1,228
Median Rent
$250,400
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-building property offers flexible clinical and office layouts with dedicated on-site parking.
Where is this medical office space located?
The property is located at 325-329 South Main Street Canandaigua, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,321 square feet across two buildings on .42 acres; 21 patient and clinical rooms, six private offices, and 9–10 workstation positions; 26 dedicated on‑site parking spaces, including three ADA spaces
More about this property
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