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    OFF-MARKET
    Investment properties

    359 Lk Shr E Dr, Dunkirk, NY 14048-1354

    870 SF 0.17 ac lot Built 1960
    Individually Owned 19-yr Hold Free & Clear
    Property ID
    US63-2355030
    Property summary
    AI-generated overview

    This exceptional 870-square-foot commercial property, situated at 359 Lake Shore Drive East in Dunkirk, New York, presents a unique investment opportunity. The single-story masonry building boasts a highly desirable location on a busy, high-visibility highway, ensuring maximum exposure for your business. The property sits on a 0.17-acre lot, providing ample parking for customers and employees. The building's recent improvements include a 10-year-old roof, demonstrating a commitment to ongoing maintenance. Previously utilized as a bakery, the space is adaptable and ready for immediate occupancy. All existing bakery equipment is available for purchase with the building, offering a seamless transition for a similar business. Alternatively, the versatile layout allows for easy conversion to suit a wide range of commercial uses, including offices, retail spaces, or other entrepreneurial ventures. The property's prime location and adaptable design make it an ideal investment for those seeking a high-traffic, high-visibility location in a thriving community. The asking price is $97,500. Don't miss this chance to acquire a well-maintained, strategically located commercial property with significant potential.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1960
    Total area 870 SF
    Lot 0.17 ac (7,392 SF)
    Zoning code R2
    APN 060300 79.08-4-34
    UPID US63-2355030
    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
    • Sweet Perfections Bakery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Barbara A Waterman · 19 yrs held
    Barbara A Waterman
    since 2007
    1 recorded transaction
    2007
    $23,500
    Zoning & alternative use
    R2 · Dunkirk, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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