Map
Link Copied
Listed price in listed location currency (USD).
$499,000

0036

MLS® R1585858

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 8125 sqft
Garage No
Maintenance Fees 
Taxes $16,526
Days Active 327
Approx. Age 2003
Avg. Price Per Sqft $61
MLS® Number R1585858

Property Address: 1816 Lake Rd, Hamlin, NY, 14464-9514

Average square foot calculated using Size range provided by listing agent.

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 NN 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 8 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.
MLS® NumberR1585858
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2003
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Land and Building

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 24, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
1816 Lake Rd, Hamlin, NY

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties