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User Occupant purchase - Retail Potential 1170 Pittsford-Victor Rd

20,000 SF Vacant Office Building Pittsford, NY 14534 $1,450,000 ($73/SF)

Investment Highlights

  • Owner/User Opportunity & Value ADD: Flexible floorplans can accommodate a array of office configurations.
  • Fully Handicap accessible: 60+ parking spots onsite, including a drive up area for guests with 4 handicap surface spaces.
  • Pittsford, NY is a major financial services hub with offices belonging to Generation Capital Management, Armbruster Capital and Alesco Advisors.
  • Exceptional value: Extremely well maintained as an owner occupied the space in the most dense office market in the suburbs.
  • Potential to have signage on Pittsford-Victor Rd which is conveniently located with access to I-490, which boasts high traffic counts.
  • Conveniently located a short drive from Rochester International Airport, Victor Hill Commons and Powder Mills Park.

Executive Summary

1170 Pittsford-Victor Rd is a compelling Value-AD and/or Owner/User investment location in Pittsford, NY, a premier suburban office market off of Pittsford-Victor Road just off 490 surrounded by area demand drivers and amenities. A portion of the building is currently occupied with expiring leases which could make the entire 20,000 SF available. The building currently is broken up into four total office suites including the anchor tenant which occupies the entire first floor while the second floor has the remaining three suites. The First and Second Floors are in pristine condition and could be leased to a full floor user or can be efficiently converted to multi-tenancy.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
20,000 SF
Building Class
A
Year Built/Renovated
1986/2020
Price
$1,450,000
Price Per SF
$73
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Slab To Slab
11’
Building FAR
0.22
Land Acres
2.10 AC
Zoning
Commercial Office - General Commercial
Parking
60 Spaces (3 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 10,000 SF
  • Office
  • Full Build-Out
  • Now

Offering 10,000 square feet of well maintained , move-in ready, handicap accessible office space in a Class A office building for $18 per square foot. There is an additional 1,400 +/- square foot private suite available immediately featuring hard offices, a private kitchenette and common area bathrooms.

  • 2nd Floor
  • 600-1,800 SF
  • Office/Medical
  • -
  • 60 Days

Several smaller suites are available on the second floor between 1,000-9,000 square feet at $18 per square foot. 1170 Pittsford-Victor road is in an excellent location with heavy daytime traffic and ample parking, located near Eastview Mall & 490.

Space Size Space Use Condition Available
1st Floor 10,000 SF Office Full Build-Out Now
2nd Floor 600-1,800 SF Office/Medical - 60 Days

1st Floor

Size
10,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
600-1,800 SF
Space Use
Office/Medical
Condition
-
Available
60 Days

1st Floor

Size 10,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Offering 10,000 square feet of well maintained , move-in ready, handicap accessible office space in a Class A office building for $18 per square foot. There is an additional 1,400 +/- square foot private suite available immediately featuring hard offices, a private kitchenette and common area bathrooms.

2nd Floor

Size 600-1,800 SF
Space Use Office/Medical
Condition -
Available 60 Days

Several smaller suites are available on the second floor between 1,000-9,000 square feet at $18 per square foot. 1170 Pittsford-Victor road is in an excellent location with heavy daytime traffic and ample parking, located near Eastview Mall & 490.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
2,242
26,367
81,437
2024 Population
2,271
26,766
80,680
Population Growth '20-'24
1.3%
1.5%
-0.9%
2020 Households
856
10,418
32,633
2024 Households
865
10,583
32,237
Household Growth '20-'24
1.1%
1.6%
-1.2%
Average Age
46
44
44
Median Household Income
$164,433
$119,683
$107,076
Daytime Employees
38,165
51,357
75,597
Total Businesses
651
2,048
4,781
College Degree + Higher
75%
66%
60%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
264489-193-020-0001-001-200
Land Assessment
$382,500
Improvements Assessment
$1,268,500
Total Assessment
$1,651,000
  • Listing ID: 27726779

  • Date on Market: 2/10/2023

  • Last Updated:

  • Address: 1170 Pittsford-Victor Rd, Pittsford, NY 14534

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