Listing Courtesy of: 716-640-0104 - Michael McVinney - ERA Team VP Real Estate
716-413-0200
$499,000
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1816 Lake Rd Hamlin, NY 14464
General Commercial
Residence
Beds
Baths
...
Bed/Bath
8,125
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 sto...re 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.
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MLS#
R1503228
Property Type
General Commercial
Year Built
2003
Square Feet
8,125
sq. ft
Lot Size
2.03
Sewer
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