3791 State Rte 5th And 20, Canandaigua, NY 14424-9528
This exceptional commercial property in Canandaigua, NY, presents a unique investment opportunity. The 15,500 square foot building comprises a 4,500 square foot office space and an 11,000 square foot warehouse, situated on a substantial 28-acre lot. The office area features a reception/general administration space, multiple private offices, conference rooms, over 600 square feet of open workspace, and two full bathrooms—one including a shower. Ample paved parking is available for employees and clients. The warehouse boasts a 60x120 high-bay area with both 16-foot and 12-foot grade-level doors, offering versatile storage and operational capabilities. A portion of the warehouse benefits from in-floor radiant heating. Significant covered storage is provided by 16-foot overhangs on either side of the building. The expansive 28-acre parcel offers considerable potential for future development, expanding the property's utility and value. It's important to note that the sale is contingent upon the seller leasing back the warehouse space for a period of 36 months or more. This presents a compelling opportunity for both immediate income generation and long-term growth potential. The property's location in Canandaigua offers easy access to major transportation routes and a thriving local economy. This is a rare chance to acquire a substantial commercial property with significant upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Canandaigua, NYCanandaigua. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.