Technical
Financial
Distress signals
Property profile

8 N Main St Pittsford, NY 14534

FOR SALE
Office buildings
Property ID
US63-6041781
2,242 SF 0.11 ac lot Built 1840
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,250 square foot office building, situated in the heart of the Village of Pittsford, NY, presents a unique investment opportunity. Built in 1840, this two-story building boasts excellent condition and offers multiple entrances, ample off-street parking, and the potential for single or multi-tenant occupancy. Currently vacant, the property is ideally located in a highly walkable area, surrounded by thriving businesses, restaurants, and retail shops. The building sits on a 0.11-acre lot and benefits from its location within a Historic Preservation District, opening up possibilities for tax credits on eligible renovations. Annual property taxes are $13,378.77, and insurance premiums total $1,021.63 per year. The asking price is $750,000, translating to $333.33 per square foot. Its proximity to the Erie Canal Heritage Trail and downtown Rochester (less than 15 minutes away) adds to its appeal. This property offers a blend of historic charm and modern convenience, making it an attractive investment for owner-users or investors seeking a prime location in a desirable community. A Matterport 3D virtual tour is available for a comprehensive view of the property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1840
Total area 2,242 SF
Lot 0.11 ac (4,792 SF)
APN 264601 151.18-3-26
UPID US63-6041781

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
  • Business Management Consultant

Location

8 N Main St Pittsford, NY 14534
Pittsford metro Census 12301 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2004
1 recorded transaction
2004
$355,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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