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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

9971 Ny-16 Delevan, NY 14042

1,280 SF 2.02 ac lot Built 1970
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1970
Total area 1,280 SF
Lot 2.02 ac (87,991 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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