3791 State Route 5 And 20Canandaigua, NY 14424

Property Details for 3791 State Route 5 And 20

Year built

2008

Lot size

28.30 AC

Property size (Sq ft)

13,400 SF

Zone code

C2

Property type

Office buildings

APN

323400 99.00-2-33.000

APU

3234009900233000

Description

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 approach

  CAP return

  Valuation

  6%

  $2,163,876

  6.5%

  $1,997,424

  7%

  $1,854,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,224,200

  Geo Method

  $1,750,844

• Alternative Use

  Use

  Valuation

  Residential

  $2,476,805

  Hospitality

  $2,268,740

  Educational

  $1,887,565

  Medical

  $1,952,482

  Retail

  $2,936,213

Location Insight

City

Canandaigua

County

Ontario

State

New York

Latitude

42.8598

Longitude

-77.2066

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].