Mixed-Use Property with
New
For Sale
$497,000
8364 Lewiston Road, Batavia, NY 14020
The property combines residential units and office space with an active used-car sales operation.
Property Size1,728 SF
Days on Market7
Property Features for 8364 Lewiston Road
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Business
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Highway Access
Yes
Automotive Uses
dealership/vehicle sales
Taxes and HOA fees
Annual Taxes
$4,357
Amenities
laundry room
Building Details
Building Size
1,728 SF
Year Built
1955
Listing Agency:
Keller Williams Realty WNY
Listed By:
Rebecca Guzdek · License #10401324236
(716) 777-2468
Source:
Griffith-realty
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 4 at 10:58PM
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 Keller Williams Realty WNY
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Investment Insights
Based on property information with market context.
Built in 1955, this mixed-use property includes two apartments, a laundry room, dedicated office space, and an outbuilding. A used-car sales operation is currently in place, adding an existing commercial component to the residential and office areas.
At 8364 Lewiston Road in Batavia, the property sits across from the former Kmart building, which was acquired by the Western Regional Off-Track Betting Corporation. The New York State Thruway is a short drive away.
At 8364 Lewiston Road in Batavia, the property sits across from the former Kmart building, which was acquired by the Western Regional Off-Track Betting Corporation. The New York State Thruway is a short drive away.
Key Highlights
- Two apartments, a laundry room, dedicated office space, and an outbuilding
- Currently operating as a used‑car sales lot
- Across from the former Kmart building, acquired by the Western Regional Off‑Track Betting Corporation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,810
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,200
$456.2K
Cap Rate 7%
$325,857
$325.9K
Cap Rate 9%
$253,444
$253.4K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$41.5K $24.00/SF
− Vacancy
−$5.0K −$2.88/SF
EGI
$36.5K $21.12/SF
− OpEx
−$13.7K −$7.92/SF
NOI
$22.8K $13.20/SF
Area
Genesee County, NY
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,200
Cap Rate 7%
$325,857
Cap Rate 9%
$253,444
Alternative Uses
Best Use
Industrial
$1.32M
$1.16M – $1.54M
NOI $92,462 @ 7.0% cap · market cap 18.60%
Second Best
Mixed Use
$325.9K
$285.1K – $380.2K
NOI $22,810 @ 7.0% cap · market cap 4.59%
Theoretical Best
Warehouse
$1.60M
$1.40M – $1.87M
NOI $112,275 @ 7.0% cap · market cap 22.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
475k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 26%
Superstores 24%
Shops & Services 24%
Dining 23%
Walmart
Superstores
87,777 visits/mo
0.3 miles
Marshalls
Apparel
41,490 visits/mo
0.4 miles
McDonald's
Dining
26,072 visits/mo
0.2 miles
BJ's Wholesale Club
Superstores
25,864 visits/mo
0.2 miles
Kohl's
Apparel
23,747 visits/mo
0.3 miles
Demographics for 14020, NY
22,627
Population
10,930
Households
2.1
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
66.3 sq mi
ZIP Area
341
Density / Sq Mi
$59,834
Median Household Income
$43,031
Median Earnings
$915
Median Rent
$148,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines residential units and office space with an active used-car sales operation.
Where is this mixed-use property located?
The property is located at 8364 Lewiston Road Batavia, NY.
What is the asking price?
The asking price for this property is $497,000.
What are key features of this property?
This property features: Two apartments, a laundry room, dedicated office space, and an outbuilding; Currently operating as a used‑car sales lot; Across from the former Kmart building, acquired by the Western Regional Off‑Track Betting Corporation
