1816 Lake RD Hamlin, NY 14464
UPDATED:
09/30/2024 06:28 PM
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
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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