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    OFF-MARKET
    Auto shops

    8436 State Rte 54, Hammondsport, NY 14840-9795

    1,250 SF 0.58 ac lot Built 1950
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US63-0618568
    Property summary
    AI-generated overview

    This exceptional 1,250 square foot mixed-use property, located at 8436 State Route 54 in Hammondsport, NY, presents a unique investment opportunity. Situated on a 0.58-acre lot in a high-traffic, high-visibility area just outside the village, this building offers significant potential. Currently configured as office and retail space, the property boasts a rich history, having previously served as a single-family home. The existing kitchen suggests a straightforward conversion back to residential use if desired. Features include attractive hardwood floors, a full bathroom, and a full basement, providing ample storage and potential for expansion. A new metal roof ensures long-term durability and low maintenance. A detached one-car garage adds further convenience. The property's excellent condition and versatile layout make it ideal for a variety of uses, from continuing its current commercial operation to a complete residential conversion, or a blend of both. The high volume of traffic on State Route 54 guarantees excellent exposure for any business venture. This is a rare opportunity to acquire a well-maintained property in a prime location with significant upside potential. Don't miss out on this chance to capitalize on a thriving business environment. The asking price is $209,995.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1950
    Total area 1,250 SF
    Lot 0.58 ac (25,265 SF)
    Zoning code B
    APN 467289 118.13-01-018.000
    UPID US63-0618568
    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
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    Blend (final) Blend
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    Owner & transaction history
    Stephen W Veley · 1 yrs held
    Stephen W Veley
    since 2025
    1 recorded transaction
    2025
    $155,000
    Zoning & alternative use
    B · Hammondsport, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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