400 Mason Rd Fairport, NY 14450

This exceptional value-add investment opportunity presents a 26,420 square foot industrial property situated on a 3.39-acre lot at 400 Mason Rd, Fairport, NY 14450. The property comprises two buildings: a main structure of approximately 22,120 square feet constructed in 1978, and an annex building of approximately 4,300 square feet built in 1980. The main building boasts 2 loading docks, 2 grade-level doors, and a mezzanine level offering an additional 3,480 square feet of space. Three separate office spaces totaling approximately 4,792 square feet are located on two floors within the main building. Both buildings feature ceiling clearances ranging from 25 to 28 feet. The property benefits from 3-phase power (208V, 200 amps) and radiant heat. Currently occupied by five tenants under short-term leases, this property offers significant upside potential due to below-market rental income. The property's projected capitalization rate is 9.05%, with a pro-forma NOI of $199,007 and an asking price of $1,750,000 ($66.24/sq ft). Property taxes are $27,665.48. The permitted zoning is Industrial. This multi-tenant warehouse presents a compelling investment opportunity with strong potential for increased profitability. The property is located in Monroe County, NY, and features a 100% occupancy rate.