25 Canterbury RdRochester, NY 14607

  • Office buildings
  • 8,918 SF
For Lease
$15/SF/YR View listing

Property Details for 25 Canterbury Rd

Year built
1930
Lot size
0.11 AC
Property size (Sq ft)
8,918 SF
Property type
Office buildings
APN
261400 121.67-1-38
APU
26140012167138

Description

This exceptional 1,400 square foot office space is ideally situated on the second floor of a prominent three-story building in Rochester, NY's Park Avenue submarket, offering high visibility from Monroe Avenue. The suite boasts three spacious private offices, perfect for individual professionals or small teams, complemented by a shared common area featuring a convenient kitchenette. Abundant natural light floods the space through large windows, presenting excellent signage opportunities in two of the offices and the common area. The property includes off-street parking for added convenience. Located at 25 Canterbury Rd, Rochester, NY 14607, this versatile space is suitable for a wide range of businesses, including but not limited to: service providers, legal practices, accounting firms, insurance agencies, salons, nail salons, health and wellness businesses, therapy practices, marketing agencies, consulting firms, startups, non-profits, and medical practices. The monthly rent of $1,750 is all-inclusive, covering heating, cooling, electricity, and high-speed internet access provided by Greenlight. This turnkey solution offers immediate occupancy and a prime location within a thriving business district. The property is categorized as Traditional Office, Executive Office, Coworking, Medical Office, and Creative Office space, making it a flexible and adaptable option for various professional needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,632,120
    6.5%
    $1,506,570
    7%
    $1,398,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $814,732
    Geo Method
    $922,861
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,110,870
    Retail / Commercial
    $1,566,900
    Mixed-Use / Specialty
    $1,538,980
    Hospitality / Lodging
    $1,100,020
    Institutional / Educational
    $1,591,940
    Residential Income
    $1,862,560
    Multifamily
    $2,357,670
    Automotive / Energy
    $1,364,520
    Parking / Income-Based Land
    $492,942
    Restaurant / Food Service
    $752,772
    Healthcare / Senior Housing
    $1,601,090

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.1427
Longitude
-77.5863
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
-
$59,300
$250,700
$310,000
-
$71,446
$302,048
$373,494

FAQs

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