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    OFF-MARKET
    Commercial real estate

    2096 Penfield Rd, Penfield, NY 14526

    1,876 SF Built 1810
    Property ID
    US63-1411164
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 2096 Penfield Road in Penfield, NY, presents a unique investment opportunity. The 1,876 square foot building, constructed in 1810, boasts a prime location on Route 441, benefiting from high visibility and accessibility with an average daily traffic count of 34,000 vehicles. Currently vacant, this Class C, two-story building offers 10 parking spaces and sits on a substantial 20,038 square foot lot. The asking price is $250,000, translating to $133.26 per square foot. Zoned for business (non-retail), the property's historic nature may allow for conversion to multi-family housing, subject to necessary approvals. Its proximity to Wegmans and other businesses enhances its appeal and potential for strong returns. The building is a single structure with traditional office subtypes. This presents a rare chance to acquire a well-situated property in a thriving area with significant development potential. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1810
    Total area 1,876 SF
    UPID US63-1411164
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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