3530-3532 Union St, North Chili, NY 14514
Profitable Amish outlet and gift shop for sale.
Property Features for 3530-3532 Union St
General Information
Building Details
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Investment Insights
Based on property information with market context.
Key Highlights
- Thriving Amish Outlet & Gift Shop with 25‑year history and strong reputation.
- Includes real estate: 3.5‑acre corner lot with a 16,000‑square‑foot building, loading dock, and drive‑in door.
- Turnkey business opportunity:** includes business name, equipment, goodwill, vendor relationships, and website.
Financial Insights For Retail
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 | $240.0k | $15.00 |
| − Vacancy | −$18.0k | −$1.13 |
| EGI | $222.0k | $13.88 |
| − OpEx | −$66.6k | −$4.16 |
| NOI | $155.4k | $9.71 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 14514, NY
Market
Vacancy Rate% for Retail in Northeast region