Mixed-Use Property with
8 Pleasant St, Fairport, NY 14450
For Sale
New
$449,900
A two-bedroom residence includes a rear commercial area, separate utilities, off-street parking, and a detached garage.
Property Size1,972 SF
Days on Market4
Property Features for 8 Pleasant St
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
RE/MAX Realty Group
Listed By:
Amy L. Petrone · License #30PE1131149
(585) 218-6850
Source:
Elliman
Added: Nov 6
Last Checked: Nov 8 at 6:44AM
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 RE/MAX Realty Group
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.
Built in 1987, this mixed-use property combines a two-bedroom residence with a rear commercial workspace. The home has one full bathroom and two half bathrooms, hardwood floors, a country kitchen, and two living areas. At the rear, the commercial area features high ceilings, exposed beams, skylights, and its own half bathroom. The residential and commercial portions have separate utilities. Continued commercial use is subject to applicable zoning restrictions.
The property includes ample off-street parking and a detached two-car garage. Shops, restaurants, and the Erie Canal are nearby in Fairport Village.
The property includes ample off-street parking and a detached two-car garage. Shops, restaurants, and the Erie Canal are nearby in Fairport Village.
Key Highlights
- Rear commercial workspace with high ceilings, exposed beams, and skylights
- Two‑bedroom residence with 1 full bathroom and 2 half bathrooms
- Separate utilities for the residence and commercial area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,857
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,140
$377.1K
Cap Rate 7%
$269,386
$269.4K
Cap Rate 9%
$209,522
$209.5K
Market Conditions
NOI Build-Up for 1,972 SF
Gross rent
$35.5K $18.00/SF
− Vacancy
−$5.3K −$2.70/SF
EGI
$30.2K $15.30/SF
− OpEx
−$11.3K −$5.74/SF
NOI
$18.9K $9.56/SF
Area
Monroe County, NY
Vacancy
15.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,140
Cap Rate 7%
$269,386
Cap Rate 9%
$209,522
Alternative Uses
Best Use
Mixed Use
$269.4K
$235.7K – $314.3K
NOI $18,857 @ 7.0% cap · market cap 4.19%
Second Best
Office B
$212.1K
$185.6K – $247.4K
NOI $14,845 @ 7.0% cap · market cap 3.30%
Theoretical Best
Specialty Retail
$378.6K
$331.3K – $441.7K
NOI $26,500 @ 7.0% cap · market cap 5.89%
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
847
Businesses Nearby
Explore this area
Business Placement
Demographics for 14450, NY
42,633
Population
19,054
Households
2.2
Avg Household Size
47
Median Age
60%
College-Educated
97%
High-School Grad
32.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$109,543
Median Household Income
$62,613
Median Earnings
$1,258
Median Rent
$281,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Monroe County, NY
Properties on Market for Mixed-use properties in Monroe County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A two-bedroom residence includes a rear commercial area, separate utilities, off-street parking, and a detached garage.
Where is this mixed-use property located?
The property is located at 8 Pleasant St Fairport, NY.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Rear commercial workspace with high ceilings, exposed beams, and skylights; Two‑bedroom residence with 1 full bathroom and 2 half bathrooms; Separate utilities for the residence and commercial area
