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Mixed-Use Property with Creative Workspace
New
For Sale
$449,900

8 Pleasant Street, Fairport, NY 14450

CommercialSale, Fairport, NY

Property Size1,972 SF
Lot Size0.16 Acres
Price / SF$228.14
Days on Market2

Property Features for 8 Pleasant Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning DTN
Zoning description Commercial
Rooms Basement
Parking 8
Window features Skylight(s)
Lot features Rectangular, Rectangular Lot
Elementary school district Fairport
Middle school district Fairport
High school district Fairport
Directions From South Main Street, turn onto Pleasant Street. Property will be on your right.
Subdivision Fairport-Village-264403
Standard status Active
APN 264403-153-130-0001-043-000
Size 1,972 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 6962

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1987
Floors in Building 2
Roof type Asphalt
Buildings 1
Listing Agency: RE/MAX Realty Group · RE/MAX International
Listed By: Amy L. Petrone · License #30PE1131149
Added: Nov 4 Last Checked: Nov 5 at 1:06PM
MLS# R1726691

Copyright © 2026 New York State Alliance of MLSs, LLC. 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.

Built in 1987, this 1,972-square-foot mixed-use property sits on a 0.16-acre parcel and includes a two-bedroom residence with one full bath and two half baths. The rear workspace has skylights, exposed beams, high ceilings, and its own half bath. Separate utilities serve the residential and commercial areas, and the layout allows the rear portion to function apart from the living space. Central air conditioning and forced-air natural gas heat serve the building.

Off-street parking and a detached two-car garage are on site. The property is in Fairport Village, near shops, restaurants, and the Erie Canal. Public water and sewer serve the parcel.

Key Highlights

  • 1,972‑square‑foot building on a 0.16‑acre parcel
  • DTN zoning
  • Rear workspace features skylights, exposed beams, high ceilings, and a half bath

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 (±1% cap)
NOI $18,857 @ 7.0% cap · market cap 4.19%
Second Best
Office B
$212.1K
$185.6K – $247.4K (±1% cap)
NOI $14,845 @ 7.0% cap · market cap 3.30%
Theoretical Best
Specialty Retail
$378.6K
$331.3K – $441.7K (±1% cap)
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

Creative space

Suggested Use

Top Pick Dental Office Pharmacy Law Firm HVAC Service Real Estate Agency Electrical Service

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

847
Businesses Nearby

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

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The DTN-zoned building combines residential quarters with a separately serviced rear commercial area.
Where is this mixed-use property located?
The property is located at 8 Pleasant Street 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: 1,972‑square‑foot building on a 0.16‑acre parcel; DTN zoning; Rear workspace features skylights, exposed beams, high ceilings, and a half bath
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