Multi-Suite Office
55 Canterbury Road, Rochester, NY 14607
For Sale
New
Contact for pricing
Rochester, NY
Property Size19,575 SF
Lot Size0.58 Acres
Price / SF$0.00
Days on Market4
Property Features for 55 Canterbury Road
General Information
Property type
Property subtype
Subdivision
Standard status
Size
Lot size
Additional Details
Property Use
Building Details
Year built
Buildings
Listing Agency:
Engel & Volkers Lake Placid · Engel & Völkers
(518) 523-4404
Listed By:
Austin James Moyer · License NY #10401360444
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 11:06PM
MLS# R1728364
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 19,575-square-foot office property at 55 Canterbury Road is arranged across two stories and sits on 0.58 acres. Available suites include 680, 1,250, and 1,420 square feet; the first two are ready for occupancy, while the 1,420-square-foot suite has areas that can be finished or customized. An additional approximately 6,650 square feet can be configured, and Suites B and C may be combined with that area for a 9,320-square-foot block. The building dates to 1900 and has 24 surface parking spaces. Signage is available.
The property is near Rochester’s Park Avenue and Monroe Avenue corridors, with restaurants, cafés, and shops within walking distance. I-490 is minutes away; the Rochester Amtrak station is about 5 minutes away, and Frederick Douglass Greater Rochester International Airport is about 11 minutes away. Downtown Rochester, Brighton, and Pittsford are a short drive from the property.
The property is near Rochester’s Park Avenue and Monroe Avenue corridors, with restaurants, cafés, and shops within walking distance. I-490 is minutes away; the Rochester Amtrak station is about 5 minutes away, and Frederick Douglass Greater Rochester International Airport is about 11 minutes away. Downtown Rochester, Brighton, and Pittsford are a short drive from the property.
Key Highlights
- 19,575‑square‑foot office property on 0.58 acres
- 680-, 1,250-, and 1,420‑square‑foot suites; first two are ready for occupancy
- Suites B and C plus additional space can form a 9,320‑square‑foot block
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$281,528
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,630,560
$5.6M
Cap Rate 7%
$4,021,829
$4.0M
Cap Rate 9%
$3,128,089
$3.1M
Market Conditions
NOI Build-Up for 19,575 SF
Gross rent
$469.8K $24.00/SF
− Vacancy
−$94.4K −$4.82/SF
EGI
$375.4K $19.18/SF
− OpEx
−$93.8K −$4.79/SF
NOI
$281.5K $14.38/SF
Area
Rochester, NY
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,630,560
Cap Rate 7%
$4,021,829
Cap Rate 9%
$3,128,089
Alternative Uses
Best Use
Office B
$4.02M
$3.52M – $4.69M
NOI $281,528 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.36M
$4.69M – $6.26M
NOI $375,370 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,384
Businesses Nearby
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Business Placement
Demographics for 14607, NY
16,298
Population
11,971
Households
1.4
Avg Household Size
32
Median Age
60%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
9,587
Density / Sq Mi
$56,270
Median Household Income
$44,018
Median Earnings
$1,129
Median Rent
$304,100
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Rochester, NY
Properties on Market for Office Units in Rochester
Vacancy Rate% for Office in Rochester, NY
Frequently Asked Questions
What type of property is this?
Office unit - The two-story property offers ready-to-occupy offices alongside a larger area that can be configured for a single user.
Where is this office unit located?
The property is located at 55 Canterbury Road Rochester, NY.
What are key features of this property?
This property features: 19,575‑square‑foot office property on 0.58 acres; 680-, 1,250-, and 1,420‑square‑foot suites; first two are ready for occupancy; Suites B and C plus additional space can form a 9,320‑square‑foot block
