Property profile

90 Erie Canal Dr Rochester, NY 14626

OFF-MARKET
Office buildings
Property ID
US63-1640960
7,220 SF 0.87 ac lot Built 1990
Individually Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This 7,220-square-foot medical office building in Rochester, NY, offers 5,500 square feet of immediately available space, divisible into units as small as 1,600 square feet. Built in 1990, the single-story building sits on a 0.87-acre lot and features 40 parking spaces. The vacant space is highly adaptable, with existing private exam rooms equipped with plumbing and sinks. Amenities include a large kitchen area, a brand-new HVAC system, a spacious reception area, ADA-compliant restrooms, and abundant natural light. Utilities are prorated based on square footage, and rent includes all expenses except utilities. A tenant improvement allowance is available, contingent upon lease term. The property benefits from a prime location, half a mile from Unity Hospital and surrounded by numerous retail establishments, restaurants, and hotels. The area is a thriving hub for medical services, and the surrounding residential area includes a mix of rental properties, owner-occupied homes, and senior housing. Easy access to expressways ensures convenient commuting. The property is professionally managed. This is an exceptional opportunity for medical practices or businesses seeking flexible, well-appointed space in a desirable location.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1990
Total area 7,220 SF
Lot 0.87 ac (37,897 SF)
Zoning code 05 - COMMERCIAL
APN 262800 089.03-4-11
UPID US63-1640960

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
  • Ophthalmologist
  • Ophthalmologist
  • Postal Service Courier Service
  • Ophthalmologist
  • Spa & Massage Center

Location

90 Erie Canal Dr Rochester, NY 14626-4610
Rochester metro Census 14104 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2006
3 recorded transactions
2006
$920,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

05 - COMMERCIAL · Rochester, 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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