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Strip Mall with Second-Floor Offices
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For Sale
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283-291 South Hamilton Street, Painted Post, NY 14870

Five-unit retail/office plaza with four units currently rented, including a second-floor portion and recent exterior updates.

Property Size6,752 SF
Price / SF$97.60
Days on Market5

Property Features for 283-291 South Hamilton Street

General Information

Standard status Active
Size 6,752 SF
Property subtype Retail, Office, Mixed Use

Additional Details

Cap Rate 9.25%
Highway Access Yes

Building Details

Year Built 1986
Year Renovated 2022
Tenancy Multi
Listing Agency: Cushman & Wakefield Pyramid Brokerage Company - Corning, New York
Listed By: Michael J. Manzari · License #NY 30MA0862846
Source: Crexi
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 30 at 6:27AM

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 Cushman & Wakefield Pyramid Brokerage Company - Corning, New York

Investment Insights

Based on property information with market context.

House of Shops is a five-unit retail/office plaza investment with a portion of the property featuring a second floor. Of the five units, four are currently rented. The property was built in 1986 and includes a roof replacement in 2020, along with new siding and exterior paint in 2022.

The property is located at 283-291 South Hamilton Street in Painted Post, NY 14870. It is near numerous retail, offices, and rooftops, and is minutes from I-99 and Walmart/Home Depot.

This configuration supports both leasing and owner-occupant options, with the remaining unit providing the potential to increase occupancy by renting it or using it for business operations. The offering is presented at a 9.25 cap rate.

Key Highlights

  • Five‑unit retail/office plaza with a portion featuring a second floor
  • Four of five units currently rented
  • 6,752 SF property built in 1986

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Nail Salon Gym & Fitness Center

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby

Demographics for 14870, NY

9,648
Population
4,691
Households
2.1
Avg Household Size
44
Median Age
41%
College-Educated
93%
High-School Grad
64.5 sq mi
ZIP Area
150
Density / Sq Mi
$88,514
Median Household Income
$58,864
Median Earnings
$1,128
Median Rent
$164,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Five-unit retail/office plaza with four units currently rented, including a second-floor portion and recent exterior updates.
Where is this strip mall located?
The property is located at 283-291 South Hamilton Street Painted Post, NY.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Five‑unit retail/office plaza with a portion featuring a second floor; Four of five units currently rented; 6,752 SF property built in 1986
(607) 937-9720 Call to check price and availability
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