5390 Lk Rd Conesus, NY 14435-9328
This exceptional 3,056 square foot commercial property, situated on a 0.55-acre lot at 5390 W Lake Rd in Conesus, NY, presents a unique investment opportunity. The building is ideally suited for a variety of food-related businesses, such as a specialty meats store, deli, sub shop, or bakery, given its existing infrastructure and layout. The spacious layout offers ample room for both front-of-house operations and back-of-house preparation areas. A significant advantage is the inclusion of a fully functional apartment on the upper level, perfect for owner-occupancy or generating additional rental income. The property has already undergone substantial improvements, completing Phases 1 and 2 of a planned development. Further enhancing its appeal are the installed permanent generator, ensuring uninterrupted operations during power outages, and a comprehensive security system, providing peace of mind. This turnkey operation is ready for immediate occupancy and offers significant potential for growth and profitability in a desirable location. The property's strategic location on W Lake Road ensures high visibility and accessibility, attracting a steady stream of customers. This is a rare opportunity to acquire a well-maintained, versatile commercial property with significant upside potential. The combination of commercial space and residential living makes this an attractive option for both business owners and investors seeking a strong return on investment. Don't miss this chance to own a piece of Conesus' vibrant commercial landscape.
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
02 - SINGLE RESIDENCE · Conesus, NYCosts & 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.