Five-Unit Retail/Office
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
(607) 937-9720
Listed By:
Michael J. Manzari, SIOR, CCIM
(607) 937-9720
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.
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
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
176
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 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