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    FOR LEASE
    Office buildings

    2800 Spencerport Rd, Spencerport, NY 14559

    10,516 SF 2.34 ac lot Built 2006
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US63-5369834
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, situated at 2800 Spencerport Rd, Spencerport, NY 14559, presents a unique investment opportunity. The 10,516 square foot, two-story building, constructed in 2006, boasts a prime location at the border of the Village of Spencerport, offering convenient access and high visibility. Currently, there are two available suites on the main floor, ideal for immediate occupancy: a 2,150 square foot dental suite and a 3,108 square foot dental lab. The building sits on 2.34 acres of land, offering ample parking and is located on the waterfront, adjacent to the canal. The property features a sprinkler system and is zoned for Restricted Business use, allowing for a variety of medical, office, and retail uses (see attached permitted uses for details). The asking price is $1,500,000, with lease rates of $12.00 per square foot. Operating expenses are approximately $3.75 per square foot, inclusive of real estate taxes. The building is a single-tenant property with 5,258 square feet currently vacant. Utilities are provided by Village Electric. This property is perfect for an owner-occupant or an investor seeking a strong return in a desirable location. The property's APN is 087.14-2-2.12. The cross street is Gillett Rd. There are no elevators.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2006
    Total area 10,516 SF
    Lot 2.34 ac (101,930 SF)
    Zoning code RB
    APN 263889 087.14-2-2.12
    UPID US63-5369834
    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
    Current use
    Occupant on record · Public records
    • LoPresti Homes Construction Company General Contractor
    • Monroe Podiatry Group Medical Clinic
    • Arieno Dental Laboratory Inc Dental Office
    • Raymond Divasto, DPM Physician
    • Maurice A. Palucci, DPM Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    OGDEN RENTALS, INC
    OGDEN RENTALS, INC
    Zoning & alternative use
    RB · Spencerport, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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