1. New York
  2. Hamlin
  3. 1816 Lake Road
$499,000

1816 Lake Road, Hamlin, NY 14464

  • 8,125 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2003
  • Property Lot Size Icon2.03acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $61/sqft
  • Property List Date Icon Listed 5 months ago

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 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.

Listing Status:
Active
Date Added:
January 23, 2025 at 06:00AM
Listing Office:
ERA Team VP Real Estate : 716-413-0200
Listing Agent:
Michael McVinney : 716-640-0104
MLS ID:
R1585858
  • A/C: Central Air
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Michael McVinney, ERA Team VP Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Ginther Elementary School

40 Allen St, Brockport, NY, 14420

Grades PK-1

6.26 miles away

A

A D Oliver Middle School

40 Allen St, Brockport, NY, 14420

Grades 6-8

5.97 miles away

B

Brockport High School

40 Allen St, Brockport, NY, 14420

Grades 9-12

6.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.