203 Lake St - Storefront FOR SALE


Penn Yan, NY 14527
$799,900 USD
315-730-5881
203 Lake St, Penn Yan, NY for Sale
$799,900 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

203 Lake St
Penn Yan, NY 14527


HIGHLIGHTS

  • Heavy Traffic Area
  • Corner Lot
  • Long Term Tenants

OVERVIEW

This commercial plaza is located on a corner lot in a high traffic area and has three long-term tenants. Surrounded by anchor tenants, this location can't be beat. Tenants are responsible for paying for their individual space's utilities and maintenance. Two of the tenants have leases of over 10 years, while the third is on a month-to-month basis. The building's parking lot offers approximately 34 parking spaces with additional parking available off to the side. The roof has been replaced seven years ago. An investor could choose to keep all three spaces leased for a great return on their investment or use one of the spaces for their own business while earning income from the other two to supplement expenses. Well maintained and ready for a new Owner! Schedule your tour of this great opportunity today!

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

C

APN/PARCEL ID

573001-049-083-0001-070-001-0000

ASK ABOUT THIS PROPERTY

David YoungRE/MAX RevolutionMore Info
315-730-5881

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David YoungRE/MAX RevolutionMore Info
315-730-5881

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