1 Corfu Plz Corfu, NY 14036
- Grocery and convenience stores
- 21,375 SF
- 4.00 lot acres
Current Use by Public Records
- Corfu Grange / Fraternal Organization
Property Details for 1 Corfu Plz
- Year built
- 1970
- Lot size
- 4.00 lot acres
- Property size
- 21,375 SF
- Property type
- Grocery and convenience stores
- APN
- 184201 4.-1-11.1/1
- APU
- 184201411111
Description
This distressed, vacant, 21,000 sq ft grocery store plaza in Corfu, NY, presents a significant redevelopment opportunity. Located on a 4-acre lot (174,240 sq ft) at 1 Corfu Plaza, 14036, this single-story, 1970-built Class C property offers substantial upside potential. Currently vacant, the property features three units and is zoned for both commercial and retail use, allowing for diverse redevelopment options, including multi-use complexes, specialty stores, or community centers. The asking price is $600,000 ($28.07/sq ft). The property's prominent location ensures high visibility and traffic flow, benefiting from the area's rapid residential and commercial growth. This presents an ideal investment for developers seeking to revitalize a community-focused retail space or for a company needing primary or ancillary packaging and distribution space. The property's distressed condition necessitates renovation, offering a blank canvas for creative redevelopment. Serious inquiries are invited, and creative financing options will be considered for qualified buyers. APN: 184201-004-000-0001-011-001-1.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corfu
- County
- Genesee
- State
- New York
- Longitude
- -78.4051
- Latitude
- 42.9611
- CBSA code
- 12860
- CBSA name
- BATAVIA, NY MICROPOLITAN STATISTICAL AREA