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    12189 Ny-16 Chaffee, NY 14030

    Sponsored
    For Sale
    Contact for pricing

    High-traffic, vacant restaurant space.

    Property size:
    2,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2,250-square-foot vacant retail space, formerly a Pizza Hut, is situated within the Yorkshire Plaza in Chaffee, New York. Located at 12189 NY-16, this single-story, 1990-built building offers an excellent opportunity for a variety of businesses. The property boasts a prime location at the corner of NY Route 16 and W. Yorkshire Road, ensuring high visibility and significant drive-by traffic. The property sits on a one-acre lot with ample paved parking, a key advantage for customers and employees. The Absolute NNN lease structure provides a straightforward ownership model. The plaza itself is anchored by several well-known national brands, including Taco Bell, Burger King, McDonald's, Wendy's, AutoZone, Chick-fil-A, and many others, creating a strong retail environment and drawing significant customer traffic. The property's Commercial zoning allows for a range of uses. The building is vacant and ready for immediate occupancy, having become available on October 4, 2022. This location offers easy access from W. Yorkshire Road, Main Street, and the Olean Road Route 16 intersection, making it easily accessible to customers from surrounding towns including Springville, Delevan, Chaffee, and Arcade. The Yorkshire Plaza also includes other local businesses such as Big Lots, Save A Lot, and Dollar General, further enhancing the area's retail appeal. This property presents a unique opportunity to establish a thriving business in a well-established and high-traffic retail center.

    Property Features for 12189 Ny-16

    General Information

    Property type
    Lifestyle centers
    Square Feet
    2,250 SF
    Class
    C
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Highly desirable Yorkshire Plaza location.
    • Former Pizza Hut restaurant space.
    • 2,250 square feet of available space (approx.).
    • Abundant on‑site parking.
    • Strong co‑tenancy with major national brands in Yorkshire Plaza.
    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 Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chaffee
    County
    Cattaraugus
    State
    New York
    Longitude
    -78.4805151
    Latitude
    42.5286611

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    Nearby Similar for Sale

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      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-traffic, vacant restaurant space.
    Where is this lifestyle center located?
    The property is located at 12189 Ny-16 Chaffee, NY.
    What are key features of this property?
    This property features: Highly desirable Yorkshire Plaza location.; Former Pizza Hut restaurant space.; 2,250 square feet of available space (approx.).
    Request Owner's contact information
    12189 Ny-16 Chaffee, NY 14030
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    Chaffee, NY 14030
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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
    12189 Ny-16 Chaffee, NY 14030
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