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119 Victory Hwy Painted Post, NY 14870

Sponsored
For Sale
$795,000

Prime 3.32-acre development site.

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 3.32-acre commercial development site is strategically located at Exit 43 on Interstate 86 in Painted Post, New York, at 119 Victory Highway, zip code 14870. The property is situated next to a newly constructed Dunkin' Donuts, offering excellent visibility and convenient access for potential businesses. A shared access drive and extended infrastructure are already in place, significantly reducing development costs and timelines. Extensive due diligence has already been completed by the current owner, including Phase 1 and Phase 2 environmental assessments, an archeological study, surveying, and elevation studies. This comprehensive groundwork minimizes risk and accelerates the development process for the new owner. The site presents a compelling opportunity for a variety of commercial ventures, particularly a hotel. However, a restrictive covenant is in place to prevent the development of any business that directly competes with the adjacent Dunkin' Donuts. This ensures a healthy and mutually beneficial commercial environment. The asking price for this turnkey development opportunity is $795,000. Don't miss this chance to acquire a prime commercial parcel in a high-traffic location with significant pre-development work already completed.

Property Features for 119 Victory Hwy

General Information

Property type
Land
Lot Size
144,619 SF

HighLights

  • 3.32‑acre commercial development site at Exit 43 of I‑86 in Painted Post, NY.
  • Shared access drive and extended infrastructure in place.
  • Extensive due diligence completed, including Phase I & II environmental, archeological studies, surveying, and elevation studies.
  • Ideal hotel location; restrictive covenant prevents competition with adjacent Dunkin'.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Skin Care Clinic Food Market

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

Location Insight

  • Map
  • Local Demand
City
Painted Post
County
Steuben
State
New York
Longitude
-77.1054203
Latitude
42.170571

FAQs

What type of property is this?
Land - Prime 3.32-acre development site.
Where is this land located?
The property is located at 119 Victory Hwy Painted Post, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3.32-acre commercial development site at Exit 43 of I-86 in Painted Post, NY.; Shared access drive and extended infrastructure in place.; Extensive due diligence completed, including Phase I & II environmental, archeological studies, surveying, and elevation studies.
More about this property
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