24-28 N Main St
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24-28 N Main St
5,888 SF 100% Leased Retail Building Fairport, NY 14450 $1,450,000 ($246/SF)
Investment Highlights
- New Construction!
Executive Summary
Property is located in the Canal District and is zoned for Multi-Use, currently retail, restaurant and offices. Potential for residential too with approval. On site parking and additional connected lot which even includes EV Charging Stations! Note that square footage differs from tax record as this was effectively built in 2022 whereas the tax record reflects the original 1900 building.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,888 SF
Building Class
C
Year Built/Renovated
1900/2022
Price
$1,450,000
Price Per SF
$246
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.39
Lot Size
0.35 AC
Zoning
550-31 - Canal Zone. This indicates that there is increased flexibility in regards to zoning including possible residential w/approval.
Parking
13 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
30 FT on Main St
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Air Conditioning
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 264403-153-090-0004-045-200 | Total Assessment | $852,000 (2023) |
| Land Assessment | $125,400 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $726,600 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
264403-153-090-0004-045-200
Land Assessment
$125,400 (2023)
Improvements Assessment
$726,600 (2023)
Total Assessment
$852,000 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
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24-28 N Main St
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