3 Geddes Street Ext, Holley, NY 14470
For Sale
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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.
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Holley Pharmacy Pharmacy
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John M. Carl, RPh Pharmacy
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Lucas J. Miller, Pharm Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Holley, NYHolley. 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.