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    9971 Ny-16 Delevan, NY 14042

    Sponsored
    For Sale
    $135,000

    Prime location, vacant storefront, high traffic.

    Property size:
    1,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a 1,280 square foot vacant storefront situated on a 2.02-acre lot along Route 16 in the Lime Lake cottage district of Delevan, New York. Conveniently located just 8 miles north of Franklinville and 4 miles south of Delevan, this property boasts approximately 5,000 cars in daily traffic count. The building, constructed in 1970 and extensively renovated in 2022, is in excellent condition. Recent improvements include a new Heil 2-stage forced air furnace, a modern water filtration system, and exterior facade upgrades. The interior layout, previously configured as a convenience store, features walk-in coolers, a three-bay sink, a utility room, a bathroom, and a spacious sales area. While fuel canopy/equipment has been removed, the property includes a 0.66-acre pond. Utilities are readily available, with electric and gas service on-site, along with a water well and public sewer system. The property is zoned for commercial use and offers significant potential for various retail ventures. The asking price is $135,000, translating to $105.47 per square foot. This is a value-add investment opportunity with ample space for further development. The Hawley Development Corporation is the current owner and is offering the property for sale.

    Property Features for 9971 Ny-16

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,280 SF
    Class
    B
    Lot Size
    87,991 SF

    Building Details

    Year Built/Renovated
    1970/2022
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 2.02‑acre vacant storefront, previously configured as a convenience store, offering versatile redevelopment potential.
    • High‑traffic location with excellent visibility.
    • Ample parking available.
    • Zoned for a variety of commercial uses.
    • Strong potential for significant ROI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Auto Repair Shop Gym & Fitness Bar & Pub Pawn Shop Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Delevan
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4803699
    Latitude
    42.4337159

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    Nearby Similar for Sale

    • $510,000

      Income Property on Route 16

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      Route 16 Delevan Commercial Property

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    FAQs

    What type of property is this?
    Individual retail property - Prime location, vacant storefront, high traffic.
    Where is this individual retail property located?
    The property is located at 9971 Ny-16 Delevan, NY.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: 2.02-acre vacant storefront, previously configured as a convenience store, offering versatile redevelopment potential.; High-traffic location with excellent visibility.; Ample parking available.
    Request Owner's contact information
    9971 Ny-16 Delevan, NY 14042
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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
    9971 Ny-16 Delevan, NY 14042
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