510 W Union St Newark, NY 14513
- Drive through restaurants
- 2,720 SF
- 0.68 lot acres
Current Use by Public Records
- Wendy's / Hamburger Restaurant / Restaurant
- Great Wall Restaurant / Chinese Restaurant
Property Details for 510 W Union St
- Year built
- 1997
- Lot size
- 0.68 lot acres
- Property size
- 2,720 SF
- Zone code
- B3
- Property type
- Drive through restaurants
- APN
- 542001 67111-20-949035
- APU
- 5420016711120949035
Description
This exceptional 17,460 square foot multi-tenant convenience store, Pro-May Mall, is situated on a 1.56-acre lot in Newark, NY, within the Rochester MSA. Built in 1977, this property offers a compelling owner/user or investment opportunity with a triple-net (NNN) lease structure. The property boasts a prime location across from Newark Plaza, anchored by Wegmans and featuring other prominent retailers such as Secor Home & Hardware and Rent-A-Center. Nearby national brands include Wendy's, McDonald's, Tim Hortons, Burger King, Citizens Bank, Walgreens, Advance Auto Parts, and Sherwin Williams, ensuring high visibility and foot traffic. The property comprises two buildings: a former Family Dollar located at the rear and available space in a front strip building closer to Union Road. Both buildings are accessible from Union and Miller Streets. A pylon sign opportunity is available on the Wendy's pylon. This property is located in an Opportunity Zone and presents significant upside potential with existing vacancies and strong surrounding retail presence. The asking price is $650,000.
Value Estimations
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Wayne
- State
- New York
- Longitude
- -77.1098
- Latitude
- 43.0462
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
