1816 Lake RD Active

Hamlin,NY 14464

$ 499000

- Bed

0 Bath

8125 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,125 sqft

Price per Sqft $61

Subdivision Hamlin Commons Resub

MLS Listing ID R1503228

Construction Status Existing

HOA Y/N No

Year Built 2003

Annual Tax Amount $16,526

Lot Size 2.030 Acres

Acres 2.03

Lot Dimensions 166X530

Property Description

Prime Dollar General Investment
Great investment opportunity in a well-maintained, free-standing building. This retail space covers 8,125 square feet & over 36 parking spaces, designed for a seamless customer experience.
Occupied by Dollar General, a nationally recognized and stable tenant, this store has consistently showcased solid performance. Its status as a reliable, low-risk investment is further amplified by the care the property has received over the years. Offered as a NNN lease, investors enjoy perks of limited landlord responsibilities, allowing for a more passive investment experience.
One of the most enticing aspects of the property is its return potential. Approximately a 7.5 CAP, better than average for a DG, buyers are presented with the promise of great returns. Moreover, this property is listed at a price significantly below its early 2023 appraisal, providing immediate equity advantage.
Seize this opportunity to enhance your portfolio with a prime DG property that offers both immediate value & long-term growth potential.

Location

State NY

County Monroe

Community Hamlin Commons Resub

Area Hamlin-263000

Zoning Commercial

Direction South on Lake Rd from Rte 18, Left on Granna Drive.

Interior

Heating Gas,Forced Air

Cooling Central Air

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Sewer Connected,Water Connected

Waterfront No

Roof Type Flat

Total Parking Spaces 36

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status Existing

Schools

Elementary Schools Ginther Elementary

Middle Schools A D Oliver Middle

High Schools Brockport High

School District Brockport

Others

Tax ID 263000-029-010-0003-001-100

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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