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Retail Space for Sale

303 N Lackawanna St Wayland, NY 14572

303 N Lackawanna St, Wayland, NY, 14572
Contact for pricing
For Sale
Contact for pricing

Retail space available for lease or sale with flexible lease rates and terms.

Property Size2,000 SF
Price / SF$325
Days on Market381

Property Features for 303 N Lackawanna St

General Information

Standard status
Active
Size
2,000 SF
Property subtype
RETAIL
Listing agency Cushman & Wakefield | Pyramid Brokerage - Corning \ Elmira
Listed by Samantha Testani · License #10401349608
Source Moodyscre
Added: Jul 7, 2025 Updated: Jul 22 at 3:23PM Checked: Jul 22 at 3:23PM

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 - Corning \ Elmira


Investment Insights

Based on property information with market context.

This property offers retail space available for both lease and sale, with lease rates and terms described as flexible. The asset is sized at 2,000 square feet.

The property is located at 303 N Lackawanna St in Wayland, New York.

Interested parties should confirm unit configuration and any lease/sale details directly with the listing broker, as specific build-out or tenant-occupancy features are not provided in the available information.

Key Highlights

  • Property available for lease and for sale
  • Lease rates and terms are flexible

Local 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 $28.8k $14.40
− Vacancy −$1.2k −$0.60
EGI $27.6k $13.80
− OpEx −$8.3k −$4.14
NOI $19.3k $9.66
2,000 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$275.9K
$241.4K – $321.9K (±1% cap)
NOI $19,313 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$487.6K
$426.6K – $568.8K (±1% cap)
NOI $34,130 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Dollar General Discount Store FedEx OnSite Postal Service My Stuff Self ... Storage Facility Western Union Bank

Suggested Use

Dental Office Building Supply Auto Parts Store Law Firm Auto Repair Shop Big Box & Wholesale Store Nail Salon Storage Facility Restaurant Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Retail space available for lease or sale with flexible lease rates and terms.
Where is this retail space located?
The property is located at 303 N Lackawanna St Wayland, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Property available for lease and for sale; Lease rates and terms are flexible
Contact an agent
(607) 382-2834 Call to check price and availability
More about this property
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