240 Hamilton St Painted Post, NY 14870-9791
This exceptional 6,750 square foot, two-story commercial building presents a remarkable investment opportunity in Painted Post, NY. Located on a highly visible 1.75-acre corner lot zoned Town Center, this former community bank boasts a prime location bordering three roads, providing easy access to Town Center Road and Robert Dann Drive. The property enjoys a high traffic count (9,680 AADT in 2019) and is situated near numerous established businesses including Arby's, Fox Auto, Hampton Inn, Walmart, Home Depot, Tractor Supply, Aldi's, Five Star Bank, Taco Bell, and Corning Credit Union. The building itself features a spacious first floor with three offices, a walk-in safe, break room, teller area, and large reception area. The second floor offers seven additional offices, two restrooms, a break room, and a mechanical room. A convenient drive-thru is attached to the building. Built in 1969, this Class B property is currently vacant and offers 1 unit, presenting a blank canvas for office, retail, or redevelopment projects. The asking price is $749,000, translating to $110.96 per square foot. The property's APN is 316.00-01-012. This is an unparalleled chance to acquire a strategically located commercial property with significant potential in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Painted Post, NYPainted Post. Always verify with local authorities before improvements.
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.