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West Wayne Plaza 1900 State Route 31 93,748 SF Vacant Retail Building Macedon, NY 14502 $8,373,720 CAD ($89.32 CAD/SF) 7.83% Cap Rate
Executive Summary
West Wayne Plaza is on NY-31 in Macedon NY, a key corridor linking Canandaigua, Palmyra, and Rochester. It offers multiple access points and is minutes from Route 350, NYS Route 441, I-490, and I-90. Just 20 miles from downtown Rochester, the area is anchored by Walmart and Lowe’s, with strong traffic and a growing residential base.
• Occupied by a mix of regional and local tenants; strong income with upside through lease-up or redevelopment.
• Brand new lease with Lattimore and RRH renewal
• 502’ Frontage on Route 31
• 38,000+ residents within a 5-mile radius; high daily vehicle count on NY-31.
• Close to Walmart, Wegmans, Lowe’s, Macedon Commons, schools, and Erie Canal recreation.
• Concrete and steel construction, large storefront windows, flexible layouts, and pylon signage.
• Occupied by a mix of regional and local tenants; strong income with upside through lease-up or redevelopment.
• Brand new lease with Lattimore and RRH renewal
• 502’ Frontage on Route 31
• 38,000+ residents within a 5-mile radius; high daily vehicle count on NY-31.
• Close to Walmart, Wegmans, Lowe’s, Macedon Commons, schools, and Erie Canal recreation.
• Concrete and steel construction, large storefront windows, flexible layouts, and pylon signage.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
93,748 SF
Building Class
C
Year Built
1972
Price
$8,373,720 CAD
Price Per SF
$89.32 CAD
Cap Rate
7.83%
NOI
$655,368 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
15.00 AC
Zoning
GC (General Commercial)
Parking
600 Spaces (6.4 Spaces per 1,000 SF Leased)
Frontage
684’ on Rt-31 Rd
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Contacts
-
Dan Bosio -
Matthew Lester -
Richard Altier -
Sara Curynski -
Caliber Commercial Brokerage
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Videos
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Photos
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West Wayne Plaza | 1900 State Route 31
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