1816 Lake Road Hamlin, NY $ 499,000
1816 Lake Road
$ 499,000
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1816 Lake Road

Hamlin, NY, 14464
$ 499,000
Baths0.0 Sq 8,125

Monthly Estimate*

$ 3,317

1816 Lake Road, Hamlin, NY 14464 - Image 1
Studio

Commercial Property for sale in Hamlin, NY

for $499,000. This 8,125 square foot building was built in 2003 on a lot size of 2.03.

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.

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,526

Style

Lot Size

2.03

Year Built

2003

Town/City

Hamlin

County/Region

Monroe

MLS | Web ID

R1503228

Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Cooling CentralAir
Utilities SewerConnected WaterConnected
Possession Closing
Roof Flat
Zoning Commercial
Year Built 2003
Stories 1
Township Not Applicable
Levels One
County Monroe
Property Type CommercialSale
Subdivision Name Hamlin Commons Resub
Status Active
Directions South on Lake Rd from Rte 18 Left on Granna Drive.
High School Brockport High
City Hamlin
High School District Brockport
Zoning Description Commercial
Total Units 0
MLS Area Hamlin-263000
Lot Size Square Feet 88427.0
Waterfront Y/N No
Street Name Lake
Elementary School Ginther Elementary
Year Built Details Existing
Tax Annual Amount 16526.0
Middle/Junior High School A D Oliver Middle
Property Condition Resale
Lease Considered Y/N No
Days on Market 196
Standard Status Active
Middle/Junior School District Brockport
Elementary School District Brockport
Tax Assessed Value 375000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 1
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Road
Main Level Bathrooms 0
Total Baths 0
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Exterior
Water Source Public
Total Parking 36.0
Inclusions Land and Building
Lot Size Area 2.03
Number of Buildings 1
Building Area Total 8125.0
Lot Dimensions 166X530
Lot Size Acres 2.03
Lot Size Units Acres
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Internal Only
Street Number 1 1816
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* Excluded Features
List By
Era Team Vp Real Estate

Broker

(716) 640-0104

Phone

Affordability Calculator

$4,694
Per Month
71%
29%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
$1,377
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4301710 Elementary School
3323108 Middle School
Brockport High High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$499,000 -5.85% Price Down
10/17/2023$530,000 Listed Price

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1816 Lake Road, Hamlin, NY, 14464 is a Commercial Property for sale at $499,000 with 8,125 sqft and a lot size of 2.03. 1816 Lake Road is a studio with 0.0 baths and was built in 2003. The property's zip code is 14464 which is in Hamlin, NY