Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Gas stations

    53 Ridge Rd, Lansing, NY 14882

    2,400 SF 0.57 ac lot Built 1980
    Individually Owned 12-yr Hold Free & Clear
    Property ID
    US63-1748976
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents a 2,400-square-foot convenience store situated on a highly visible, high-traffic road in Lansing, NY. Located near Cayuga Lake, a local park, marina, schools, and ball fields, this property boasts excellent accessibility and strong community presence. The building, constructed in 1980, sits on a half-acre lot and includes 15 paved parking spaces with convenient access via two driveways. Additional parking is available at the rear and sides of the building. Inside, the space features several coolers and a deli display cooler, ready for immediate use or creative adaptation. The property's current tenant, a successful Mini Mart operating for over a decade, is considering retirement, presenting a unique chance for a new owner to take over an established business or implement fresh concepts. Zoned for mixed use, this property offers utilities including public water and natural gas. The lease is a triple net lease at $2,500 per month; business and inventory are sold separately. This is an ideal investment for entrepreneurs seeking a thriving retail location in a desirable community.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION WITH FOOD MART
    Year built 1980
    Total area 2,400 SF
    Lot 0.57 ac (24,650 SF)
    Zoning code B1
    APN 503289 31.-6-7
    UPID US63-1748976
    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
    • C & Y Convenience Store Grocery & Convenience Store
    • ATM (C & Y Convenience Store) Atm
    • Hearts for the Homeless Charitable Organization
    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
    Sang M Kim · 12 yrs held
    Sang M Kim
    since 2013
    1 recorded transaction
    2013
    $250,000
    Zoning & alternative use
    B1 · Lansing, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message