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5390 Lk Rd Conesus, NY 14435-9328

OFF-MARKET Investment properties Google Maps
3,056 SF 0.55 ac lot Built 1936
Individually Owned Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US63-2378113

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1936
Total area 3,056 SF
Lot 0.55 ac (23,958 SF)
Zoning code 02 - SINGLE RESIDENCE
APN 242689 100.43-1-20
UPID US63-2378113

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2026
Last sale
$250,000
4 recorded transactions
2026
$70,000
2024
$250,000
2015
$145,000
2009
$55,000

Zoning & alternative use

02 - SINGLE RESIDENCE · Conesus, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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