2 Main StVictor, NY 14564

  • Mixed-use properties
  • 4,108 SF
For Lease
$16/SF/YR View listing

Property Details for 2 Main St

Year built
1930
Lot size
0.04 AC
Property size (Sq ft)
4,108 SF
Zone code
B
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
324801 28.06-1-1.000
APU
324801280611000

Description

This exceptional three-story retail building, located at 2 W Main Street in Victor, NY, presents a unique investment opportunity. Boasting 6,000 total square feet, the entire 6,000 square feet is currently available for lease. Built in 1880, this charming brick structure offers a blend of historical character and modern potential. The property sits on a 0.8-acre lot and features five parking spaces, supplemented by a large municipal parking lot conveniently located across the street on Moore Ave. An elevator provides easy access to all three floors. The flexible space allows for various configurations, accommodating tenants seeking spaces ranging from approximately 1,400 to 3,000 square feet. Its prime Main Street location at the four corners in Victor ensures high visibility and foot traffic, making it ideal for a variety of retail businesses. The building's historical charm combined with its convenient location and ample space makes this a truly exceptional opportunity in the thriving Victor market. The property is situated in Ontario County, NY, and has a zip code of 14564. This is a rare chance to acquire a significant retail presence in a desirable New York location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $663,373
    6.5%
    $612,344
    7%
    $568,606
  • Comparable approach

    Method
    Valuation
    Relative Method
    $375,299
    Geo Method
    $536,751
  • Alternative Use

    Use
    Valuation
    Residential
    $759,307
    Hospitality
    $695,521
    Educational
    $578,666
    Medical
    $598,567
    Retail
    $900,146
2 Main St, Victor, New York

Location Insight

City
Victor
County
Ontario
State
New York
Latitude
42.9822
Longitude
-77.4094
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$72,000
$330,000
$402,000
-
$91,146
$417,754
$508,900

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