9971 Route 16, Delevan, NY 14042
For Sale
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This exceptional 1,280 square foot commercial property, situated on a 2.02-acre lot in the Lime Lake cottage district, presents a unique investment opportunity. Located on Route 16, this former convenience store enjoys high visibility with an estimated daily traffic count of approximately 5,000 vehicles. Its strategic location is just 8 miles north of Franklinville and 4 miles south of Delevan, ensuring convenient access for both locals and tourists. The property includes a 0.66-acre pond, adding to its appeal and potential uses. The building itself is in excellent condition, having undergone significant upgrades in 2022. These improvements include a new Heil 2-stage forced air furnace, a modern water filtration system, and exterior facade enhancements. Interior features include walk-in coolers, a three-bay sink, a dedicated utility room, a bathroom, and a spacious sales area. Essential utilities are readily available, including electricity, natural gas, a water well, and public sewer connection. While the fuel canopy and associated equipment have been removed, the property's existing infrastructure and prime location offer considerable potential for a variety of commercial ventures. The building's solid condition and recent upgrades minimize immediate capital expenditure needs, making this an attractive proposition for discerning investors.
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
01 - NOT ZONED · Delevan, NYDelevan. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.