Office Units with Three
4 W Main Street, Fredonia, NY 14063
For Sale
Contact for pricing
Office configuration includes reception, break, restroom, and rear-exit areas.
Property Size2,100 SF
Price / SF$0.86
Days on Market60
Property Features for 4 W Main Street
General Information
Standard status
Size
Amenities
wheelchair accessible
Listing Agency:
Howard Hanna Holt - Fredonia
(716) 673-1800
Listed By:
Anne LaPaglia · License #30LA0737178
(716) 673-5186
Source:
Nicholcityrealty
Added: Sep 9
Changed: Nov 6
Last Checked: Nov 6 at 8:18AM
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 Holt - Fredonia
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,100-square-foot office property includes three private offices, a reception area, a break area, and a restroom. The layout also provides a rear exit and wheelchair access. The space is designated for office use and is not available for retail use.
Building utilities include gas, electric, and water service, with those costs paid by the tenant. Trash removal is included. The property is offered with a minimum two-year lease term, with the first payment and security due at lease signing.
Building utilities include gas, electric, and water service, with those costs paid by the tenant. Trash removal is included. The property is offered with a minimum two-year lease term, with the first payment and security due at lease signing.
Key Highlights
- 2,100 square feet of office space
- Three large offices with reception and break areas
- Restroom and rear exit included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,470
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,400
$649.4K
Cap Rate 7%
$463,857
$463.9K
Cap Rate 9%
$360,778
$360.8K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$50.4K $24.00/SF
− Vacancy
−$7.1K −$3.38/SF
EGI
$43.3K $20.62/SF
− OpEx
−$10.8K −$5.15/SF
NOI
$32.5K $15.46/SF
Area
Chautauqua County, NY
Vacancy
14.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,400
Cap Rate 7%
$463,857
Cap Rate 9%
$360,778
Alternative Uses
Best Use
Office B
$463.9K
$405.9K – $541.2K
NOI $32,470 @ 7.0% cap · market cap 1,803.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$628.6K
$550.0K – $733.3K
NOI $43,999 @ 7.0% cap · market cap 2,444.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Explore this area
Business Placement
Demographics for 14063, NY
13,028
Population
5,861
Households
2.2
Avg Household Size
34
Median Age
40%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
256
Density / Sq Mi
$55,629
Median Household Income
$27,358
Median Earnings
$852
Median Rent
$178,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Chautauqua County, NY
Properties on Market for Office Units in Chautauqua County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office configuration includes reception, break, restroom, and rear-exit areas.
Where is this office unit located?
The property is located at 4 W Main Street Fredonia, NY.
What are key features of this property?
This property features: 2,100 square feet of office space; Three large offices with reception and break areas; Restroom and rear exit included
