Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
I- · Batavia, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for I- in Batavia, NY.
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