90 Erie Canal DrRochester, NY 14626

Property Details for 90 Erie Canal Dr

Year built

1990

Lot size

0.87 AC

Property size (Sq ft)

7,220 SF

Zone code

05 - COMMERCIAL

Property type

Office properties

Property subtype

Office buildings

APN

262800 089.03-4-11

APU

26280008903411

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,165,909

  6.5%

  $1,076,224

  7%

  $999,351

• Comparable approach

  Method

  Valuation

  Relative Method

  $659,606

  Geo Method

  $454,210

• Alternative Use

  Use

  Valuation

  Residential

  $1,334,518

  Hospitality

  $1,222,411

  Educational

  $1,017,031

  Medical

  $1,052,009

  Retail

  $1,582,049

Location Insight

City

Rochester

County

Monroe

State

New York

Latitude

43.1858

Longitude

-77.7035

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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