119 Victory Hwy Painted Post, NY 14870
- Land
- 3.32 lot acres
Current Use by Public Records
- Land
Property Details for 119 Victory Hwy
- Lot size
- 3.32 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Painted Post
- County
- Steuben
- State
- New York
- Longitude
- -77.1054
- Latitude
- 42.1706
