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    Property profile & analytics
    OFF-MARKET Estimated value $555,000
    Investment properties

    574 Main St 582, Batavia, NY 14020-2740

    5,318 SF 0.62 ac lot Built 1974
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-2320228
    Property summary
    AI-generated overview

    This exceptional commercial property at 574 E Main St, Batavia, NY presents a compelling investment opportunity. Boasting 7,006 square feet on a 0.62-acre lot, this building is ideally situated at the corner of Routes 5 & 33, ensuring high traffic and excellent visibility. Currently operating as a dry cleaning/laundromat, the existing equipment is negotiable as part of the sale. The property's versatile design allows for various uses, including conversion into a multi-tenant building, owner-user space, or a single-tenant lease for retail or office purposes. The robust block construction with a concrete floor and a 220V/3ph electrical service provides a solid foundation for any business. Adding to the investment potential, a multi-family home is included on the western corner of the lot, offering additional income streams or expansion possibilities. This prime location in Batavia, NY, offers unparalleled access to a large customer base and significant growth potential. The asking price for this exceptional property is $587,500. This is a rare opportunity to acquire a substantial commercial property with significant upside in a thriving market. Don't miss out on this chance to secure a valuable asset in a high-demand area.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1974
    Total area 5,318 SF
    Lot 0.62 ac (27,007 SF)
    Zoning code I-
    APN 180200 84.060-1-28
    UPID US63-2320228
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $558k
    Blend (final) Blend
    $555k
    Owner & transaction history
    GIFFORD ENTERPRISES INC
    GIFFORD ENTERPRISES INC
    Zoning & alternative use
    I- · Batavia, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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