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Commercial Building with Established Tenants
For Sale
$1,300,000

1520 Spencerport Rd, Gates, NY 14606

Cash-flowing commercial building with triple net leases and new roof.

Property Size24,000 SF
Lot Size1.30 Acres
Days on Market266

Property Features for 1520 Spencerport Rd

General Information

Standard status Active
Size 24,000 SF
Lot size 1.30 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $35,569

Building Details

Building Size 24,000 SF
Year Built 1960
Stories 2
Listing Agency: Howard Hanna
Listed By: James Hinman
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:56AM

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 Howard Hanna

Investment Insights

Based on property information with market context.

This commercial building presents an opportunity for generating income. It features triple net leases, designed to minimize owner involvement, allowing for the collection of rents upon purchase. The property is currently occupied by well-known, long-standing tenants. The rents are current, and the building benefits from a new roof.

Key Highlights

  • Cash flowing commercial building with longstanding, well‑known tenants.
  • Triple net leases in place for minimal owner involvement.
  • Rents are current.

Property Analytics

Current Use

Gates Big M Grocery & Convenience Store LibertyX Bitcoin ATM Atm Coupon Express Inc Advertising Agency battery Gym & Fitness Center Western Union Bank

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 79% Shops & Services 21%
Dunkin' Donuts Dining
10,284 visits/mo 0.1 miles
Tim Hortons Dining
8,771 visits/mo 0.1 miles
Kwik Fill Shops & Services
5,063 visits/mo 0.1 miles

Demographics for 14606, NY

28,252
Population
11,712
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
83%
High-School Grad
9.4 sq mi
ZIP Area
3,006
Density / Sq Mi
$57,287
Median Household Income
$38,682
Median Earnings
$978
Median Rent
$150,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Cash-flowing commercial building with triple net leases and new roof.
Where is this storefront property located?
The property is located at 1520 Spencerport Rd Gates, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Cash flowing commercial building with longstanding, well‑known tenants.; Triple net leases in place for minimal owner involvement.; Rents are current.
More about this property
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