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    243 S Main St Albion, NY 14411
    Property profile & analytics

    243 S Main St Albion, NY 14411


    • Office buildings
    • 58,531 SF
    • 4.12 lot acres
    Albion Medical/Office Complex For Sale For Sale
    $750,000
    61,969 SF

    Albion Medical/Office Complex For Sale

    Multi-tenant office building with adaptive reuse potential in Albion, NY.

    243 S Main Street, Albion, NY 14411
    View Listing
    Property ID
    US63-5149522
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rainbow Preschool / High School / Daycare Center
    • Verneice Smiley-Delahanty, PA-C / Physician
    • Arc of Orleans County / Law Firm
    • SCS Industries / Freight Service / Logistics Company
    • Depaul / Social Service Agency / Charitable Organization

    Property Details for 243 S Main St

    Year built
    1970
    Lot size
    4.12 lot acres
    Property size
    58,531 SF
    Zone code
    07 - MIXED
    Property type
    Office buildings
    APN
    342001 73.10-2-52.11
    APU
    342001731025211

    Description

    This exceptional investment opportunity presents a 58,531-square-foot medical office building situated on a 4.12-acre lot at 243 S Main St, Albion, NY 14411. Built in 1950 with a 1978 addition, this two-story building boasts ample on-site parking and is currently approximately 75% occupied by a mix of smaller, short-term tenants. The property features three elevators: two passenger and one freight, providing convenient access to all floors. The building's design incorporates abundant natural light, creating a welcoming and productive work environment. Currently operating as a multi-tenant office building, this property presents a compelling investment opportunity for continued commercial use. Alternatively, its "PC" Planned Commercial Development zoning and flexible lease terms offer significant potential for adaptive reuse, such as conversion to residential units. Located in Orleans County, this property enjoys a strategic location, approximately one hour northeast of Buffalo and 45 minutes west of Rochester, providing easy access to a substantial workforce and regional amenities. The asking price for this substantial property is $2,000,000. This presents a rare chance to acquire a large-scale property with significant upside potential in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $810,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,494,000
      Market price range: $1.49M - $4.94M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Orleans
    State
    New York
    Longitude
    -78.1919
    Latitude
    43.2383
    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
    2020
    $45,447
    $125,000
    $464,900
    $589,900
    -
    $150,598
    $560,102
    $710,700
    View Listing
    More about this property
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