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    OFF-MARKET
    Manufacturing properties

    454 Main St, Arcade, NY 14009-1109

    1,202 SF 0.3 ac lot Built 1940
    Entity Owned Free & Clear
    Property ID
    US63-3473314
    Property summary
    AI-generated overview

    This exceptional 1.202 square foot commercial property located at 454 Main St, Arcade, NY presents a rare opportunity for investors and entrepreneurs. Situated on a substantial 1.19-acre lot, this property boasts excellent visibility and accessibility, with frontage on both Main Street and Bixby Hill, ensuring high traffic exposure. The property includes a garage, a pole building, and an office storefront, offering diverse usage possibilities. The existing structures provide a solid foundation for various business ventures, from retail to light industrial. The property benefits from low-cost Arcade Municipal Electric service, and a power converter is in place, allowing for conversion from single-phase to three-phase power, enhancing operational flexibility. Two older buildings have already been removed, creating additional space and potential for development. The large lot size is a significant advantage, particularly given the scarcity of such properties in the area. This prime location is just minutes from the heart of Arcade, offering convenient access to local amenities and services. The property is open to reasonable offers, making it an attractive investment opportunity with significant upside potential. Bring your vision and capitalize on this unique chance to establish a thriving business in a high-traffic location.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1940
    Total area 1,202 SF
    Lot 0.3 ac (12,880 SF)
    Zoning code HC
    APN 562001 183.13-2-7
    UPID US63-3473314
    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
    • E R Rule & Son's Inc Plumbing Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    RULE, E R & SONS, INC
    RULE, E R & SONS, INC
    Zoning & alternative use
    HC · Arcade, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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