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    15 N Main St Spencer, NY 14883

    For Sale
    $1,595,000

    Full-service grocery store with real estate, serving loyal customers.

    Property size:
    10,812 SF
    Lot size:
    0.93 Acres

    Property Features for 15 N Main St

    General Information

    Size
    10,812 SF
    Lot size
    0.93 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Ithaca Agent David Huckle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Grocery Store with Real Estate

    This established, full-service grocery store, including the real estate, has served a community of loyal customers for over 70 years. The market has a long-standing reputation for excellent quality service and attracts customers from a 15+ mile radius. The store is located in the Center of the Village at 15 N Main St, Spencer, NY. The building is 10,812 square feet and is situated on 0.94 acres, providing ample parking for 45+ cars. The sale includes the real estate and all fixtures, furnishings, and equipment, as well as extra inventory. The owner/operator will assist with the transition. Financial information will be provided to qualified buyers upon signing a non-disclosure agreement.
    Insight Report Location Intelligence

    Current Use by Public Records

    Spencer Big M Grocery Store Spencer Shur Fine ... Grocery Store

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Tioga
    State
    New York
    Longitude
    -76.4926838
    Latitude
    42.210323

    Nearby Similar for Sale

    • $499,900

      Spencer Multifamily Property For Sale

      Multifamily property available in Spencer, NY.
      284 E Spencer Rd, Spencer, NY 14883
      View Details
    • $200,000
      2,324 SF

      Historic Spencer Commercial Building

      Charming Village Center, High Potential
      30 Tioga St, Spencer, NY 14883
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Full-service grocery store with real estate, serving loyal customers.
    Where is this grocery and convenience store located?
    The property is located at 15 N Main St Spencer, NY.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - Established full-service grocery store with a 70+ year history and a loyal customer base.; - Located in the center of the village, attracting customers from a 15+ mile radius.; - Sale includes real estate (10,812 SF store on 0.94 acres) plus all fixtures, furnishings, equipment, and extra inventory.
    (607) 227-7558
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    Spencer, NY 14883
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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
    15 N Main St Spencer, NY 14883
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