Property summary
This exceptional investment opportunity presents two buildings totaling 2,154 square feet situated on a 0.32-acre lot in the Lakeside District of Homer, New York. The property, formerly a gas station and post office, is ideally suited for a variety of uses, including daycare, quick-service restaurant (QSR), or full-service restaurant. The main building offers 2,000 square feet of space, while a separate structure houses a currently rent-paying post office. Built in 1975, this Class B property is zoned for Lakeside District use. The asking price is $129,000, translating to $59.89 per square foot. Importantly, the deed restricts future use to exclude gas, convenience store items (including food, beer, cigarettes, and smoking products). This unique property offers a strong potential for a variety of businesses, benefiting from its proximity to Little York Lake and its convenient location just north of Homer, NY. The property features one story in each of the two buildings, providing a functional and adaptable layout for a variety of commercial ventures. The net rentable square footage is 2,154 square feet, offering ample space for operations and potential expansion. This owner-user investment presents a compelling opportunity in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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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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