282 Main St Arcade, NY 14009-1211
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.
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The Indian Bistro Restaurant
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NC · Arcade, NYCosts & 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.