678 State Route 318 Waterloo, NY 13165

Property Details for 678 State Route 318

Year built

2014

Lot size

23.00 lot acres

Property size

7,200 SF

Property type

Commercial real estate

Description

This exceptional 23-acre commercial property in Waterloo, NY, presents a unique investment opportunity. Located at 678 State Route 318, this high-visibility site boasts a 7,200 square foot building featuring clear-span construction, ideal for a variety of uses. Currently housing a light industrial operation, including a mushroom sauce manufacturing plant and commercial kitchen, the space offers significant flexibility for diverse business endeavors. The property includes a substantial parking lot accommodating 20 cars and buses. The existing retail space, currently operating as a Shiitake mushroom sauce retailer and teahouse cafГ© with seating for 40, features a service counter, cabinets, and display areas, providing a seamless transition for a new owner. The seller is motivated and will consider owner financing. The property benefits from easy zoning, making it attractive for various commercial uses, including drive-thrus and outparcels. Its strategic location across from the Finger Lakes Premium Outlet Mall (a Simon Property Group development) ensures high traffic and visibility. Conveniently located near I-490 exits 41 & 42, it offers a short commute to the Micron Development site (approximately 30 minutes away). The property is supported by a master plan and preliminary site plans for housing development are available. Public water and gas are available, with sewer access at the street. The seller will lease back the existing retail space for $3,000 per month, potentially offsetting mortgage payments. This is a rare opportunity to acquire a substantial commercial property with significant potential in a prime location. Additional land is available.

Location Insight

City

Waterloo

County

Seneca

State

New York

Longitude

-76.9187

Latitude

42.9533