Property profile

5885 Main St Olcott, NY 14126

OFF-MARKET
Warehouses
2,584 SF 0.09 ac lot Built 1920
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Property summary

AI-generated overview

This exceptional turn-key opportunity presents a 2,584 square foot warehouse building situated on a 0.09-acre corner lot at 5885 Main Street in Olcott, New York, 14126. Built in 1920, this single-story structure boasts high visibility due to its prime location at a main intersection. The property includes an established bar and restaurant, complete with all equipment and inventory, offering immediate income potential. Enjoy stunning views of Lake Ontario and the Olcott Lighthouse from the updated patio. Ample free public parking is readily available, minimizing owner maintenance. The property's convenient location is within walking distance of marinas, docking facilities, Krull Park, and Olcott Beach, capitalizing on the area's thriving tourism. A current liquor license is in place. This is a rare chance to acquire a profitable business with significant real estate assets in a desirable tourist community, less than two hours from Toronto. The property is zoned for retail and industrial use.

Property profile

Verified
Property type Warehouses
Year built 1920
Total area 2,584 SF
Lot 0.09 ac (3,920 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5885 Main St Olcott, NY 14126
Olcott metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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