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    Property profile & analytics

    116 Main St Canandaigua, NY 14424-1904

    • Investment properties
    • 4,285 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Last Sale
    Mar 07, 2024
    $420,000
    Location Intelligence
    Property ID
    US63-5994819
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Loft at 116 South Main / Holiday Apartment Rental

    Property Details for 116 Main St

    Year built
    1890
    Lot size
    0.06 lot acres
    Property size
    4,285 SF
    Zone code
    HC2A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    320200 84.45-1-37
    APU
    3202008445137

    Description

    This exceptional 2,000 square foot commercial space is available for lease at 116 S Main St, Canandaigua, NY 14424. Located in the heart of Canandaigua's business district, this single-tenant property boasts an expansive open floor plan ideal for a variety of uses, including restaurants, cafes, retail stores, or studios. Benefit from high visibility with a daily traffic count of 21,117 vehicles and ample free public parking. Large display windows offer excellent storefront presentation. The property is situated in a high-foot-traffic area with a diverse mix of businesses and enjoys a low 3.8% vacancy rate, reflecting a thriving commercial environment. Canandaigua's strong tourism sector, driven by attractions like CMAC, Bristol Mountain, Canandaigua Lake, and local wineries and breweries, ensures a robust customer base. This location offers unparalleled access to downtown amenities. The property includes 1-2 parking spaces. This is a rare opportunity to establish your business in a dynamic and growing community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $455,000
      6.5%
      $445,000
      7%
      $500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $510,000
      Mixed-Use
      $500,000
      Hospitality
      $385,000
      Educational
      $485,000
      Residential Income
      $450,000
      Energy
      $380,000
      Income-Based Land
      $435,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Canandaigua
    County
    Ontario
    State
    New York
    Longitude
    -77.2806
    Latitude
    42.8859
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $26,400
    $174,500
    $200,900
    -
    $30,000
    $198,295
    $228,295

    Comparable in this City

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      10,321 SF

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      View Details
    • Value Estimation
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      213 Ontario St Ext

      OFFICE/RESIDENTIAL (MIXED USE) • 1,418 SF
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    • Value Estimation
      $345,000
      2,304 SF

      42 Beeman St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,304 SF
      42 Beeman St, Canandaigua, NY 14424-2055
      View Details
    • Value Estimation by Request
      924 SF

      14 Calman Pl

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    • Value Estimation by Request
      2,927 SF

      4926 County Rd 16

      OFFICE/RESIDENTIAL (MIXED USE) • 2,927 SF
      4926 County Rd 16, Canandaigua, NY 14424-8951
      View Details
    • Value Estimation
      $295,000
      3,000 SF

      2913 County Rd 47

      OFFICE/RESIDENTIAL (MIXED USE) • 3,000 SF
      2913 County Rd 47, Canandaigua, NY 14424-8832
      View Details

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    116 Main St
    Canandaigua, NY 14424-1904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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