2507 US Route 11 - Storefront Retail/Office FOR SALE


La Fayette, NY 13084
$1,375,000 USD
315-561-6167
2507 US Route 11, La Fayette, NY for Sale
$1,375,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | 5.2% Cap Rate

2507 US Route 11
La Fayette, NY 13084


HIGHLIGHTS

  • High Traffic area located on the corner of Route 11 & Route 20
  • Easily accessible from 81 North & South

OVERVIEW

Discover an exceptional investment opportunity in the heart of LaFayette, NY, with this bustling plaza anchored by a prominent post office and M&T Bank, ensuring consistent foot traffic and community engagement. With 70% occupancy, this plaza offers a diverse mix of retail and service tenants, making it a vibrant destination for both local residents and visitors. Ideal for investors looking to capitalize on a strong tenant base in a growing area, this property provides a solid return potential and room for additional growth. Situated in a prime location with ample parking and visibility, this plaza is a cornerstone of the LaFayette community and a compelling opportunity you won't want to miss!

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

07

APN/PARCEL ID

313400-019-000-0001-001-000-0000

ASK ABOUT THIS PROPERTY

Lee BaldwinAcropolis Realty GroupMore Info
315-561-6167

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Lee BaldwinAcropolis Realty GroupMore Info
315-561-6167

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