Build to Suit - Downtown Caledonia

Description:

 

 Remarks: 1312 sq. ft. of versatile commercial space is available for lease. This highly visible location features a large street-facing display window, perfect for attracting customers and showcasing your business. The property offers convenient street parking directly in front of the building.The interior is equipped with central air conditioning and forced-air heating for year-round comfort. In addition to the main entrance, there are two side entrances, providing easy access and flexible layout options. The owner is prepared to **build to suit**, allowing you to customize the space to perfectly fit your business needs. This is an ideal opportunity for a wide range of retail, office, or service-based businesses.

 


Nestled in the heart of New York, Caledonia, NY 14423 presents a distinctive commercial landscape for businesses seeking to lease office, retail, industrial, or flex space. With a primary tapestry segment of "Manufacturing Traditions," this area boasts a community rich in professional and service employment, reflecting a solid local economy. The median age here is 45, with a significant portion of the population valuing time spent at home, which can translate into a loyal customer base for businesses that cater to home-focused lifestyles. The impressive homeownership rate of 78.8% indicates a stable community, while the relatively low unemployment rate of 2.3% compared to the national average underscores a robust local job market.

The average household income in Caledonia is $107,245, with a generous average disposable income of $80,740, suggesting that residents have both the means and willingness to engage with businesses offering quality goods and services. Despite a slight decrease in total population since the last census, the daytime population density remains supportive for business operations, providing a steady stream of potential customers throughout the day. With a median home value of $238,000 and a positive 3.2% change over the past year, the area's real estate market demonstrates resilience and growth, further underlining its potential for business success.


- Stable Community Base: With a high homeownership rate and low unemployment, businesses can benefit from a reliable and economically stable customer base.

- Discretionary Spending Power: The high average household and disposable incomes suggest potential for businesses providing mid to high-end products and services.

- Local Economy Strength: The strong employment in professional and service sectors presents opportunities for businesses that cater to working professionals and their needs.

- Home-Centric Market Opportunities: Given the community's preference for home-oriented activities, businesses that focus on home goods, services, or leisure activities may find a strong market fit.

- Strategic Business Planning: With a consistent daytime population density, businesses can plan operations and marketing strategies to capture and engage this audience effectively.