13294 State Route 79 - Freestanding FOR SALE


Richford, NY 13835
$475,000 USD
607-753-6556
13294 State Route 79, Richford, NY for Sale
$475,000 USD
Freestanding - FOR SALE
1/4
null | 6.04% Cap Rate

NEW


13294 State Route 79
Richford, NY 13835


OVERVIEW

A complete shopping plaza at the intersection of two major State highways, 38 and 79. Its primary tenant is a restaurant with a beer and wine license. It has a 3-phase generator to provide electricity during power outages. The plaza also has the following rental store fronts business (monthly rents are in parentheses): tattoo parlor ($700), hair salon ($700), thrift store ($1,000), and a vacant storefront ($700 when rented). Tenants pay for their electricity. Plenty of on-site parking. NOTE: The whole property is owned by the owner of the restaurant. That owner is willing to continue his business by renting the restaurant from the new owner of the property for $1,500 per month. Potential rent for all of the store fronts is $4,600 per month. The Richford Town Hall and Town Court are located nearby. See also the website: cortlandmls.com and search for MLS #: S1599307. Note: The property’s location is shown incorrectly on the Google Maps website.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,370 SF

ZONING

C

APN/PARCEL ID

493200-011-014-0001-036-000-0000

ASK ABOUT THIS PROPERTY

Philip HenrySeven Valley RealtyMore Info
607-753-6556

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Philip HenrySeven Valley RealtyMore Info
607-753-6556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.