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    9971 Route 16 Delevan, NY 14042

    Sponsored
    For Sale
    $135,000

    Prime 2-acre commercial lot, former convenience store.

    Property size:
    1,280 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1,280 square foot commercial property, situated on a 2.02-acre lot in the Lime Lake cottage district, presents a unique investment opportunity. Located on Route 16, this former convenience store enjoys high visibility with an estimated daily traffic count of approximately 5,000 vehicles. Its strategic location is just 8 miles north of Franklinville and 4 miles south of Delevan, ensuring convenient access for both locals and tourists. The property includes a 0.66-acre pond, adding to its appeal and potential uses. The building itself is in excellent condition, having undergone significant upgrades in 2022. These improvements include a new Heil 2-stage forced air furnace, a modern water filtration system, and exterior facade enhancements. Interior features include walk-in coolers, a three-bay sink, a dedicated utility room, a bathroom, and a spacious sales area. Essential utilities are readily available, including electricity, natural gas, a water well, and public sewer connection. While the fuel canopy and associated equipment have been removed, the property's existing infrastructure and prime location offer considerable potential for a variety of commercial ventures. The building's solid condition and recent upgrades minimize immediate capital expenditure needs, making this an attractive proposition for discerning investors.

    Property Features for 9971 Route 16

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,280 SF
    Lot Size
    87,991 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Auto Repair Shop Gym & Fitness Hotel & Motel Bar & Pub Pawn Shop Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delevan
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.48043
    Latitude
    42.43371

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2-acre commercial lot, former convenience store.
    Where is this commercial real estate located?
    The property is located at 9971 Route 16 Delevan, NY.
    What is the asking price?
    The asking price for this property is $135,000.
    (716) 413-0200
    Request Owner's contact information
    9971 Route 16 Delevan, NY 14042
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    Delevan, NY 14042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9971 Route 16 Delevan, NY 14042
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