9971 Ny-16 Delevan, NY 14042
This exceptional retail opportunity presents a 1,280 square foot vacant storefront situated on a 2.02-acre lot along Route 16 in the Lime Lake cottage district of Delevan, New York. Conveniently located just 8 miles north of Franklinville and 4 miles south of Delevan, this property boasts approximately 5,000 cars in daily traffic count. The building, constructed in 1970 and extensively renovated in 2022, is in excellent condition. Recent improvements include a new Heil 2-stage forced air furnace, a modern water filtration system, and exterior facade upgrades. The interior layout, previously configured as a convenience store, features walk-in coolers, a three-bay sink, a utility room, a bathroom, and a spacious sales area. While fuel canopy/equipment has been removed, the property includes a 0.66-acre pond. Utilities are readily available, with electric and gas service on-site, along with a water well and public sewer system. The property is zoned for commercial use and offers significant potential for various retail ventures. The asking price is $135,000, translating to $105.47 per square foot. This is a value-add investment opportunity with ample space for further development. The Hawley Development Corporation is the current owner and is offering the property for sale.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.