4193 State Route 5 And 20Canandaigua, NY 14424

Property Details for 4193 State Route 5 And 20

Year built

2013

Lot size

0.41 AC

Property size (Sq ft)

1,280 SF

Zone code

C1

Property type

Retail space

APN

323400 99.00-1-18.100

APU

3234009900118100

Description

This exceptional 1,280 square foot freestanding metal building presents a unique opportunity for a variety of commercial ventures. Located at 4193 State Route 5 And 20 in Canandaigua, NY, this property boasts a highly desirable location, situated just east of major retailers Walmart and Lowe's, ensuring excellent visibility and accessibility. The building features a well-appointed office space at the front, perfect for administrative functions or client meetings. The rear of the building houses a spacious shop area, complete with an installed auto lift, making it suitable for automotive repair, light manufacturing, or other businesses requiring workshop space. The 0.41-acre lot provides ample parking and potential for future expansion. The property is zoned C-2, Low Intensity Commercial District, offering flexibility for a range of permitted uses. This turnkey solution combines the convenience of a ready-to-use office and shop space with a prime location, making it an attractive investment opportunity. The asking price is $169,000. Serious inquiries are encouraged to explore the potential of this exceptional commercial property. Don't miss this chance to establish your business in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $303,847

  6.5%

  $280,474

  7%

  $260,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $294,685

  Geo Method

  $421,457

• Alternative Use

  Use

  Valuation

  Residential

  $236,590

  Hospitality

  $216,715

  Educational

  $180,305

  Medical

  $186,506

  Retail

  $280,474

Location Insight

City

Canandaigua

County

Ontario

State

New York

Latitude

42.8682

Longitude

-77.2324

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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