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    OFF-MARKET
    Retail space

    7612 Rte 20, Westfield, NY 14787-9663

    8,125 SF 1 ac lot Built 2004
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US63-3527363
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 7612 E. Route 20 in Westfield, New York (zip code 17972), presents a unique investment opportunity. Priced at $449,000, this special-purpose land parcel features a substantial retail building ideally situated just outside the Village of Westfield. The building boasts ample parking with 28 spaces, ensuring convenient access for customers and employees. Inside, the high ceilings, measuring 13 feet, offer versatile space adaptable to a variety of commercial uses. Currently configured as a retail space, the property's zoning allows for a wide range of possibilities, including a parts store or other businesses. The property's location is easily accessible, conveniently situated off NY-394, with clear signage visible from US-20/Main Street (near Dollar General). This presents a significant advantage for attracting customers and establishing a strong presence in the Westfield market. The expansive space and flexible zoning make this property an attractive option for entrepreneurs seeking a well-located and adaptable commercial space. The asking price reflects the property's potential and strategic location within a thriving community. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2004
    Total area 8,125 SF
    Lot 1 ac (43,560 SF)
    Zoning code C
    APN 067289 193.00-1-39.2
    UPID US63-3527363
    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
    • FedEx OnSite Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mbc Development, LP · 12 yrs held
    Mbc Development, LP
    since 2014
    1 recorded transaction
    2014
    $557,380
    Zoning & alternative use
    C · Westfield, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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