CCertihomes
248 State Route 31, Macedon, NY 14502

$349,000

0 beds 0 baths 3,871 sqft Built 18751 days on marketActive

About this home

Seller financing available with low down payment options! Currently a multifamily property, 248 State Route 31 offers immense potential for investors! Seize this rare opportunity for commercial development, either as a stand-alone project or as a strategic complement to the adjacent 248R State Route 31 barn property. With substantial road frontage on State Route 31, this site provides high visibility and accessibility in one of Macedon’s busiest corridors. The property's prime location positions it perfectly for various commercial uses, such as retail, office space, or a supportive facility for the adjacent barn, enhancing its appeal as a cohesive development opportunity. Macedon is part of the thriving Greater Rochester market, surrounded by a mix of established businesses, retail centers, and dining destinations. Its proximity to residential neighborhoods and key transportation routes ensures a steady flow of traffic and customer engagement. With the area's growing economy and increasing demand for commercial and mixed-use spaces, 248 State Route 31 is ideally situated to capitalize on the region's momentum. Additional Development Opportunity: There is an opportunity to acquire the adjacent property at 248R State Route 31, with tremendous commercial potential. Together, these properties create a unique chance to develop a complementary and dynamic commercial hub in the heart of Macedon.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$4,371/mo

Real estate (PITI + HOA + PMI)
$3,349
Principal + interest$2,239
Property tax + insurance$979
PMI / 2nd mortgage$131
Utilities
$2,118
Heating + cooling$907
Internet + TV + phone$138
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$138
$4,371/mo TLC
Budget$5,000/mo
Remaining after TLC$629/mo
Purchase price
$349,000
Down payment
$17,450 (5%)
Loan amount
$331,550
APR
7.15%

Quick facts

Type
Business
Style
Year built
1875
Lot size
0.8 ac
Stories
2
Heating
Gas, Other, SeeRemarks
Cooling
Other, SeeRemarks
Water
Public
HOA
Annual tax
$6,053
MLS #
R1619517
County
Wayne

Home features

Parking
Driveway
Roof
Asphalt, Pitched, Shingle
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Neighborhood — 14502

MetricThis ZIPCountyUSA
Population8,72219,351,094299,088,112
Population Change Since199020.00%8.00%20.00%
Population Density230395
Male4,3649,381,926147,432,321
Female4,3579,969,168151,655,844
Never Married1,4384,946,39163,775,926
Married4,4317,166,701123,120,365
Separated2471,159,67312,639,686
Widowed2391,110,24515,467,586
Divorced4181,210,44823,075,029
Number Of House Hold2,9457,102,016111,826,380
Average House Hold Size2.952.642.60
Medial Age35.9436.5335.46
Median House Hold Income$71,188$49,847$48,276
Average House Hold Income$78,941$70,032$63,629
P C I$26,717$26,569$24,529
M D I$57,830$42,210$41,133
A T H E$59,013$54,185$50,898
S T R8.00%4.00%
W C J66.70%81.55%77.74%
(Zip) Code
14502

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 7/2/2025. Provided courtesy of NextHome Endeavor via Buffalo MLS. Information deemed reliable but not guaranteed.