Retail Space for
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
(607) 382-2834
Listed by
Samantha Testani · License #10401349608
(607) 382-2834
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.
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
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
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
Similar For Sale Nearby
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