Property profile

241 Parrish St Canandaigua, NY 14424

FOR SALE
Office buildings
Property ID
US63-3029358
4,264 SF 0.65 ac lot Built 1988
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional single-story, Class B medical office building, totaling 4,264 square feet, is situated on a 0.649-acre lot at 241 Parrish Street in Canandaigua, NY. Built in 1988, the property boasts 34 parking spaces and offers a unique opportunity for both sale and lease. Currently configured as a multi-tenant building with two suites, one suite of 2,491 square feet is immediately available. This vacant suite features a reception area, three exam rooms, a bathroom with a shower, and a sizable open area, making it perfect for an owner-occupant seeking a turnkey solution. The second suite, currently occupied, measures 1,773 square feet (Note: there is a discrepancy in the provided square footage, the total is 4264 sqft, and the sum of the two suites is 4264 sqft). The building's convenient location across from Thompson Hospital provides exceptional visibility and accessibility for medical professionals. The minimum divisible space is 2,491 square feet, and the maximum contiguous space available is also 2,491 square feet. This presents a rare opportunity to acquire a well-maintained medical office building in a high-demand location. The property's features and location make it an ideal investment for medical practices seeking expansion or a new home. Ontario County location offers a strong patient base and a thriving medical community.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1988
Total area 4,264 SF
Lot 0.65 ac (28,314 SF)
Zoning code HR
APN 320200 83.20-2-19
UPID US63-3029358

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

241 Parrish St Canandaigua, NY 14424
Canandaigua metro Census 51102 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

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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