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    6115 1St St Newfane, NY 14108

    Sponsored
    For Sale
    $389,900

    Daycare, Office, Storage - Huge Potential!

    Property size:
    2,992 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2,992 sq ft mixed-use building in Newfane, NY, presents a unique investment opportunity. Previously a daycare, it offers adaptable space ideal for various uses, including offices, retail, or creative studios. The 1990-built structure sits on a large 40,075 sq ft lot and includes 10 parking spaces. A significant feature is a substantial barn, offering ample storage—potentially for business use or as a separate income stream

    Property Features for 6115 1St St

    General Information

    Property type
    Day care centers
    Square Feet
    2,992 SF

    Building Details

    Year Built
    1990

    HighLights

    • 2,992 sq ft mixed‑use building in Newfane, NY, ideal for office, retail, or creative studio use.
    • Sits on a large 40,075 sq ft lot with 10 parking spaces.
    • Includes a substantial barn, offering ample storage potential.
    • Previously operated as a daycare.
    • 1990 construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tiny Town Daycare Day Care Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newfane
    County
    Niagara
    State
    New York
    Longitude
    -78.7031913
    Latitude
    43.2789529

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    Nearby Similar for Sale

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      Prime Restaurant & Land Opportunity

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    FAQs

    What type of property is this?
    Day care center - Daycare, Office, Storage - Huge Potential!
    Where is this day care center located?
    The property is located at 6115 1St St Newfane, NY.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: 2,992 sq ft mixed-use building in Newfane, NY, ideal for office, retail, or creative studio use.; Sits on a large 40,075 sq ft lot with 10 parking spaces.; Includes a substantial barn, offering ample storage potential.
    Request Owner's contact information
    6115 1St St Newfane, NY 14108
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    Newfane, NY 14108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6115 1St St Newfane, NY 14108
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