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Price $499,000

1816 Lake Road, Hamlin, New York 14464

  • Square Footage : 8,125 Sqft
  • Visits : 48 in 406 days
$499,000
Features
Heating System :
Gas, Forced Air
Cooling System :
Central Air
Parking :
36
Pool Expense : $0
Roof :
Flat
Sewer :
Public Sewer
Address Map
State :
NY
County :
Monroe
City :
Hamlin
Zipcode :
14464
Street : 1816 Lake Road
Floor Number : 0
Longitude : W78° 4' 48.9''
Latitude : N43° 17' 29.6''
MLS Addon
Office Name : ERA Team VP Real Estate
Association Fee : $0
Bathrooms Total : 0
Building Area : 8,125 Sqft
CableTv Expense : $0
Cumulative DOM : 196
DOM : 196
Electric Expense : $0
Elementary School : Ginther Elementary
Fireplaces Total : 0
HighSchool : Brockport High
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash
LotSize Dimensions : 166X530
Maintenance Expense : $0
MiddleOrJunior School : A D Oliver Middle
Parcel Number : 263000-029-010-0003-001-100
Special Listing Conditions :
Standard
Stories Total : 1
Subdivision Name : Hamlin Commons Resub
Utilities :
Sewer Connected, Water Connected
Zoning : Commercial
BuyerAgencyCompensation : 2.5
AttributionContact : 716-640-0104
Property Description

Prime Dollar General Investment
Great investment opportunity in a well-maintained, free-standing building. This retail space covers 8,125 square feet & over 36 parking spaces, designed for a seamless customer experience.
Occupied by Dollar General, a nationally recognized and stable tenant, this store has consistently showcased solid performance. Its status as a reliable, low-risk investment is further amplified by the care the property has received over the years. Offered as a NNN lease, investors enjoy perks of limited landlord responsibilities, allowing for a more passive investment experience.
One of the most enticing aspects of the property is its return potential. Approximately a 7.5 CAP, better than average for a DG, buyers are presented with the promise of great returns. Moreover, this property is listed at a price significantly below its early 2023 appraisal, providing immediate equity advantage.
Seize this opportunity to enhance your portfolio with a prime DG property that offers both immediate value & long-term growth potential.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : R1503228
Price : $499,000
Square Footage : 8,125 Sqft
Year Built : 2003
Lot Area : 88,427 Sqft
Status : Active
Agent info
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