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Property profile & analytics
FOR SALE
Gas stations

9971 Route 16 Machias, NY 14042

1,280 SF 2.02 ac lot Built 1970
Entity Owned Free & Clear
Property ID
US63-3098754
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION WITH FOOD MART
Year built 1970
Total area 1,280 SF
Lot 2.02 ac (87,991 SF)
Zoning code 01 - NOT ZONED
APN 045800 21.060-1-52
UPID US63-3098754
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
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Owner & transaction history
HAWLEY DEVELOPMENT CORP
HAWLEY DEVELOPMENT CORP
Zoning & alternative use
01 - NOT ZONED · Delevan, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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