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Five-Unit Retail/Office Plaza
New
For Sale
$659,000

283 Hamilton Street South, Painted Post, NY 14870

Five-unit retail/office plaza with four leased spaces and a second-floor portion, plus a roof replacement in 2020.

Property Size6,752 SF
Price / SF$97.60
Days on Market2

Property Features for 283 Hamilton Street South

General Information

Standard status Active
Size 6,752 SF
Property subtype Retail

Additional Details

Cap Rate 9.25%

Building Details

Building Size 6,752 SF
Year Renovated 2022
Tenancy Multi
Listing Agency: Corning/Elmira Office
Listed By: Michael J. Manzari, SIOR, CCIM
Source: Pyramidbrokerage
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 4:52AM

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 Corning/Elmira Office

Investment Insights

Based on property information with market context.

House of Shops is a five-unit retail/office plaza investment property, with a portion of the building featuring a second floor. The plaza totals 6,752 SF and consists of five units, four of which are currently leased.

Recent exterior and roof improvements include a new roof installed in 2020, along with new siding and exterior paint completed in 2022. The remaining vacancy can be leased to add tenant income or used for an owner-occupied business.

For investors, the property is underwritten as a 9.25% cap rate.

Key Highlights

  • Five‑unit retail/office plaza with four units currently leased
  • Second‑floor portion of the plaza building
  • 6,752 SF retail/office property

Property Analytics

Current Use

Ambassador Advisors, LLC Financial Advisor Snavely Law Firm, ... Law Firm

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

Location Intelligence

Trade Area within ½ mile

176
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 leased spaces and a second-floor portion, plus a roof replacement in 2020.
Where is this strip mall located?
The property is located at 283 Hamilton Street South 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 four units currently leased; Second‑floor portion of the plaza building; 6,752 SF retail/office property
More about this property
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