Property summary
This exceptional commercial property, situated on a highly visible 1.4-acre lot at 1982 State Route 32 in Modena, NY, presents a remarkable investment opportunity. The 1,636 square foot building sits on 164 feet of road frontage along the busy Route 32, ensuring high visibility and accessibility. Currently configured as a three-bedroom, one-bathroom home, the property's BD40 zoning allows for a diverse range of commercial uses, including office space, retail, or residential rentals. The possibilities are vast, making this an ideal choice for entrepreneurs and investors seeking a versatile property in a prime location. The property features oil heating and offers significant potential for expansion or redevelopment. Its strategic location on a major thoroughfare guarantees substantial exposure to a large customer base. The ample lot size provides ample parking and potential for future development. Don't miss this chance to acquire a versatile commercial property with significant upside potential in a thriving area. The combination of high traffic location, flexible zoning, and substantial lot size makes this a truly unique opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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