282 Main St Arcade, NY 14009
- Investment properties
- 1,768 SF
- 0.04 lot acres
Current Use by Public Records
- The Indian Bistro / Restaurant
Property Details for 282 Main St
- Year built
- 1940
- Lot size
- 0.04 lot acres
- Property size
- 1,768 SF
- Zone code
- NC
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 562001 183.14-1-29
- APU
- 56200118314129
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arcade
- County
- Wyoming
- State
- New York
- Longitude
- -78.4241
- Latitude
- 42.5338
