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Property summary
This exceptional 21,075 square foot commercial property in Holley, NY, presents a unique investment opportunity. Situated on a 1.5-acre lot, this building boasts extensive space ideal for a grocery store, fulfilling a critical need in a designated food desert. Existing infrastructure includes coolers, freezers, and meat prep areas, significantly reducing startup costs. A currently leased pharmacy within the building provides immediate supplemental income. The property's strategic location in a college town ensures high foot traffic and convenient access for deliveries. Beyond grocery, the substantial warehouse space, complete with a loading dock, drive-in doors, and ample office space, is perfect for storage or manufacturing, benefiting from its highway proximity. The village actively encourages a new grocery store, and potential buyers may qualify for low-cost loans and grants. This versatile property offers significant upside potential for both investors and business owners seeking a prime location with substantial existing assets. The open space allows for a wide range of business ventures. Low storage rental rates are available for the entire building.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Pharmacy
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Pharmacy
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
C1 · Holley, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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