Clarence Commercial Property with
10295 Main St Clarence, NY
For Sale
Contact for pricing
Commercial property near Clarence with warehouse, retail, and residential space.
Property Size13,300 SF
Lot Size4.67 Acres
Price / SF$56.39
Days on Market869
Property Features for 10295 Main St
General Information
Standard status
Active
Size
13,300 SF
Lot size
4.67 Acres
Property subtype
RETAIL
Listing Agency:
Recckio Real Estate & Development
(716) 998-4422
Listed By:
Rick Recckio · License #31RE0821429
(716) 998-4422
Source:
Moodyscre
Added: Mar 14, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Recckio Real Estate & Development
Investment Insights
Based on property information with market context.
This commercial property is located near the Village of Clarence, situated on a busy main highway. The property, formerly the Don George Sports Center, includes warehouse, retail, and showroom space, along with a 1,000+/- square foot house that can be used for storage with 2-3 bedrooms. The property features a large showroom and shop area with four garage doors for deliveries or shipping. The building offers 13,300+/- square feet of space, large windows for display and daylight, and mostly 16-foot ceilings. A mezzanine storage area is also available. The property sits on 2.5+/- acres with vacant land for expansion or storage. Paved parking is available for around 15 or more cars. This location is highly visible in Clarence Hollow, offering a great opportunity for entrepreneurs looking to start or grow their business.
Key Highlights
- Highly visible location on a busy main highway near the Village of Clarence.
- Large 13,300+\/- SF commercial space suitable for warehouse, retail, or showroom use.
- 2.5+\/- acres with vacant land for expansion or storage.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.4k | $6.72 |
| − Vacancy | −$6.0k | −$0.45 |
| EGI | $83.4k | $6.27 |
| − OpEx | −$25.0k | −$1.88 |
| NOI | $58.4k | $4.39 |
13,300 SF · lease $6.72/SF/yr · vacancy 6.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.71M
$1.49M – $1.99M
NOI $119,585 @ 7.0% cap · market cap 15.94%
Second Best
Warehouse
$1.01M
$886.0K – $1.18M
NOI $70,880 @ 7.0% cap · market cap 9.45%
Theoretical Best
Office A
$2.91M
$2.54M – $3.39M
NOI $203,522 @ 7.0% cap · market cap 27.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Showroom - Commercial property near Clarence with warehouse, retail, and residential space.
Where is this showroom located?
The property is located at 10295 Main St Clarence, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Highly visible location on a busy main highway near the Village of Clarence.; Large 13,300+\/- SF commercial space suitable for warehouse, retail, or showroom use.; 2.5+\/- acres with vacant land for expansion or storage.
