You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Investment properties

282 Main St Arcade, NY 14009-1211

1,768 SF 0.04 ac lot Built 1940
Individually Owned 18-yr Hold Free & Clear
Property ID
US63-5699091
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 1,768-square-foot commercial building situated at 282 Main Street in the vibrant Village of Arcade, New York. The property boasts a prime location directly adjacent to the historic Arcade and Attica Railroad, ensuring high visibility and significant foot traffic from train passengers. Currently generating a stable monthly rental income of $1,200, this two-unit building offers a compelling return on investment. Tenants are responsible for all utilities except water and sewer, minimizing landlord responsibilities. A convenient walk-up window adds to the property's appeal, making it particularly suitable for retail or service-oriented businesses seeking high pedestrian traffic. The 0.04-acre lot provides ample space for the building and potential future expansion. This property is ideal for investors seeking a consistent income stream or entrepreneurs looking to establish a business in a high-traffic location. The building's strong rental history and prime location combine to create a truly exceptional investment opportunity in the heart of Arcade. Don't miss this chance to acquire a well-maintained, income-producing property with significant growth potential.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1940
Total area 1,768 SF
Lot 0.04 ac (1,820 SF)
Zoning code NC
APN 562001 183.14-1-29
UPID US63-5699091
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
  • The Indian Bistro Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joseph T Corning · 18 yrs held
Joseph T Corning
since 2008
2 recorded transactions
2008
$30,000
2005
$30,000
Zoning & alternative use
NC · Arcade, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Neighborhood Commercial
General category COMMERCIAL
Zone area 23.09 ac
Source Realmo
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 282 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message