Strip Mall with Second-Floor
For Sale
Contact for pricing
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 Market50
Property Features for 283-291 South Hamilton Street
General Information
Standard status
Active
Size
6,752 SF
Class
B
Property subtype
Retail, Office, Mixed Use
Occupancy
75%
Lease Type
Net
Investment Type
Value Add
Additional Details
Cap Rate
9.25%
Highway Access
Yes
Building Details
Year Built
1986
Year Renovated
2022
Buildings
1
Units
5
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Pyramid Brokerage Company - Corning, New York
Listed By:
Michael J. Manzari · License #NY 30MA0862846
(607) 937-9720
Source:
Crexi
Added: Jul 27
Changed: Sep 5
Last Checked: Sep 13 at 5:27AM
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.
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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
