8465 State Rte 54, Hammondsport, NY 14840-9795
This exceptional commercial property boasts a prime location on State Route 54, just outside the Village of Hammondsport and conveniently situated near Keuka Lake. The 1.5-acre lot offers significant visibility and accessibility with an impressive 340 feet of road frontage. This high-traffic area ensures substantial exposure for any business. The property includes an existing building, providing immediate occupancy potential, and is positioned directly across the road from a newly constructed Best Western Hotel, further enhancing its desirability and potential for synergy. The combination of ample land, a strategic location, and the presence of a nearby established hotel presents a unique opportunity for a variety of commercial ventures. The 2,066 square foot building offers considerable space for development or immediate use. This property is ideal for businesses seeking high visibility and convenient access to a thriving tourist destination and local community. The significant road frontage and ample land provide flexibility for expansion or future development. Don't miss this chance to secure a prominent commercial presence in a desirable location. This is an exceptional opportunity for growth and investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B · Hammondsport, NYHammondsport. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.