581 Whitney Rd W - Office/Residential FOR SALE


Fairport, NY 14450
$549,900 USD
585-223-9000
581 Whitney Rd W, Fairport, NY for Sale
$549,900 USD
Office/Residential - FOR SALE
1/26
null | Request Cap Rate

581 Whitney Rd W
Fairport, NY 14450


HIGHLIGHTS

  • Mxed use district allowing the flexibility for a mix of commercial retail/office & residential use, access to Fairport, East Rochester & Penfield
  • Located within the Perinton mixed-use district, permitting a combination of commercial, retail, office, and residential uses.
  • Opportunity for expansion with approximately 0.90 acres of land that allows subdivision and an additional structure.
  • Recent capital improvements include a new roof with gutters and downspouts (2020), enhanced parking lot with lighting (2021), and HVAC upgrades.
  • Highly visible site with 250 feet of frontage on Whitney Road West, providing easy access to Fairport, East Rochester, Penfield, and Route 490.

OVERVIEW

Amazing multi-tenant investment opportunity in Fairport NY. This multifaceted property is located in the Perinton mixed use district allowing the flexibility for a mix of commercial retail/office & residential use. The property consists of a 6200 SF building with 2 currently leased retail spaces, 2 apartments which can be used for storage or office space, and an approximately 1500 SF unfinished space offering tremendous additional income potential. The property is situated on approximately 0.90 acres which can be subdivided and allows for an additional structure. Approximately 17 surface parking spaces are available. The property benefits from good visibility along Whitney Road West with 250’ of frontage and has the advantage of convenient access to Fairport, East Rochester, Penfield, and Route 490. Recent owner updates include New roof/gutters/downspouts (2020), New driveway/parking lot with lighting (2021), New boiler 2017 and the addition of mini split A/C units. Whether you're seeking an income-generating investment with office and shop space to rent, a property for your own business use, or an owner occupied space providing additional cash flow, 581 Whitney is an opportunity worth exploring! Contact us for additional details on this unique property.

FOR SALE DETAILS

PRICE

$549,900 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

05

APN/PARCEL ID

264489-152-070-0001-037-000

ASK ABOUT THIS PROPERTY

Stephanie JohnsonHoward Hanna Real Estate ServicesMore Info
585-223-9000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Stephanie JohnsonHoward Hanna Real Estate ServicesMore Info
585-223-9000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.