12 County Rd Lindley, NY 14858
- Retail properties
- 12,022 SF
- 1.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 12 County Rd
- Year built
- 1980
- Lot size
- 1.80 lot acres
- Property size
- 12,022 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property in Lindley, NY, presents a rare investment opportunity. Situated on 1.8 acres at 12 County Rd 115, this 12,022 square foot property includes a former restaurant and bar (The Lindley Roadhouse), four renovated apartments generating an anticipated $53,400 annual rental income, and 43 storage units in two steel buildings and a barn. The main building, constructed in 1980, features a spacious restaurant area with a bar, kitchen (equipment included), a private office, and restrooms. The four apartments comprise one efficiency, one one-bedroom, and two two-bedroom units. The storage units, ranging in size from 5x10 to 10x30, have the potential to generate approximately $35,000 annually if fully occupied. The property boasts a newer metal roof and a recently installed, state-approved septic system. The location is ideal, on a busy county road near the Pennsylvania border, and only 15 miles south of Corning. This multi-income stream property offers significant upside potential for a savvy investor. The asking price is $474,900. The property consists of four buildings, spanning two stories.
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
- Lindley
- County
- Steuben
- State
- New York
- Longitude
- -77.1272
- Latitude
- 42.0008
