Step into a world of opportunity with the expansive property, perfectly positioned with over an acre of prime real estate, 3 separate buildings and 300 feet of high-visibility Route 5 frontage in the bustling heart of Derby, NY, where traffic counts exceed 14,000 vehicles daily. Memorabilia not included. This is your chance to own a premier commercial space that promised unparalleled visibility and versatility. Property highlights: Versatile Space: Ideal for a wide rage of commercial ventures, from launching your own business to leasing to multiple tenants. Multiple Income Streams: Benefit from existing revenue opportunities, including and established restaurant that has been a cherished fixture in the Derby community for decades. Strategic location: Located on the heavily trafficked Route 5, ensuring maximum exposure to both local residents and passersby. Investment Opportunity: Whether you're a driven entrepreneur or a strategic investor, this property offers a wealth of possibilities. Don't miss your chance to secure a top-tier commercial location with limitless potential for growth and success. Also listed as B1582835 and B1582849.
This unique commercial investment opportunity features 15 units across 11 buildings on a single lot, zoned as a motel and currently rented as residential units, generating over $110,000 annually in rental income. With the potential to raise rents or convert the units to short-term rentals for significantly increased earnings, this property presents a versatile income opportunity. All buildings have been well-maintained, with new roofs, water lines, gas lines, and electric lines installed. Located on Route 5 in Derby, this prime location offers high visibility and steady traffic flow, connecting to the scenic Lake Erie shoreline. The surrounding residential neighborhoods provide a strong local customer base, and nearby attractions like Lake Erie Beach Park draw visitors year-round, making this property ideal for a variety of commercial venture
3.4 Acre Lot, freshly graded after a building removal. Zoned Commercial. All utilities at the street.
Derby is located in New York. Derby, New York has a population of 6,430. Derby is less family-centric than the surrounding county with 23.48% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Derby, New York is $66,882. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Derby is 48.2 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 39.4 inches per year, with 74.4 inches of snow per year.