Property profile

199 Parrish St Canandaigua, NY 14424

FOR SALE
Office buildings
Property ID
US63-5668290
3,104 SF 0.62 ac lot Built 1991
Individually Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A two-story former medical office building with approximately 6,208 square feet, constructed in 1991, situated on a 0.62-acre parcel directly across from UR Thompson Hospital. The property includes approximately 31 on-site parking spaces and offers views of Canandaigua Lake from the rear of the lot. The building was designed for dual-practice occupancy and previously supported two separate medical users, with a layout featuring more than 12 private office or treatment rooms, multiple conference and consultation rooms, and a total of five restrooms across both floors, along with a full kitchen and staff break room. One half of the building was renovated in 2007, updating finishes and clinical layouts. Building systems include two forced-air HVAC units installed in 2010, three supplemental mini-split units installed between 2010 and 2012, a backup generator installed in 2013, and dual 200 amp electrical panels, with a single gas meter serving the property. Located within Canandaigua’s established medical corridor and Health Related District, the building is positioned among healthcare-related uses and is configured to support medical office, clinic, specialty practice, research, diagnostic, or future health-oriented redevelopment.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1991
Total area 3,104 SF
Lot 0.62 ac (27,000 SF)
Zoning code HR
APN 320200 83.20-2-14.1
UPID US63-5668290

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician Medical Clinic
  • Physician

Location

199 Parrish St Canandaigua, NY 14424
Canandaigua metro Census 51102 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2008
3 recorded transactions
2008
Price N/A
2006
$210,150
2006
Price N/A

Zoning & alternative use

HR · Canandaigua, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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