1 Corfu Plaza Corfu, NY 14036

Building Details

Year Built

1970

Listing Agency Keller Williams Realty WNY j***@gmail.com Show Phone

Listed by Joshua James · License #NY 10301210944

Source Crexi

Added: May 8, 2024 Checked: Jul 16 at 10:40 am

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Investment Insights

Based on property information with market context.

This property presents an opportunity to own a well-located grocery store plaza with significant upside potential. The property is presented for revitalization or change of use. The total lot spans over 4 acres and includes a 21,000 sq ft building footprint. The plaza requires renovation and updating. The area surrounding the plaza is undergoing rapid residential and commercial growth, promising increased foot traffic and consumer interest. Zoned for both commercial and retail use, the property offers a variety of redevelopment options such as multi-use complexes, specialty stores, or community centers. The property is ideal for investors with a vision for transformation or developers looking to inject new life into a community-focused retail space. It's also an excellent fit for a company seeking a primary or ancillary packaging and distribution space. The location is prominently located with high visibility and traffic flow, ensuring easy accessibility and customer convenience.

Key Highlights

• High visibility and traffic flow due to prominent location.
• Significant upside potential through revitalization or change of use.
• Rapid residential and commercial growth in the surrounding area.

Property Analytics

Property Profile Location Intelligence

Similar Off Market Nearby

• shop batavia — 28 Maple Ave, Corfu, NY 14036

FAQs

What type of property is this?

Shopping center - High-visibility plaza on 4 acres for revitalization or redevelopment.

Where is this shopping center located?

The property is located at 1 Corfu Plaza Corfu, NY.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: High visibility and traffic flow due to prominent location.; Significant upside potential through revitalization or change of use.; Rapid residential and commercial growth in the surrounding area.