3 Geddes Street Ext - Supermarket FOR SALE


Holley, NY 14470
$900,000 USD
585-313-7765
3 Geddes Street Ext, Holley, NY for Sale
$900,000 USD
Supermarket - FOR SALE
1/6
null | Request Cap Rate

NEW


3 Geddes Street Ext
Holley, NY 14470


HIGHLIGHTS

  • Close to Exit 46 on NYS thruway, located in college town.
  • Property is well suited for grocery store.
  • Start getting rental income from day 1 while setting up your business.

OVERVIEW

Opportunity of a lifetime: Prime commercial property with a lot of potential! A grocery store will be a boom to this town, which has been designated as a food desert. Potential buyers are eligible for low-cost loans and grants if they invest in the construction of the store. The village of trustees are also eager for a new grocery store in town. The property is well-suited for a grocery store, as it has 21,075 square feet of market space, along with extensive office space and a pharmacy with lease income, which is in the same building. The pharmacy will provide additional income while a business owner or investor is getting up and running. The former grocery store is complete with coolers, freezers, and meat prep areas, all of which will make the investment and construction easier. Also, a major advantage of establishing the store here is that it's located strategically in a college town, near businesses and universities. This will provide plenty of foot traffic, as well as easy connectivity and visibility, which will be essential for deliveries. The area has a high demand for groceries, so a new grocery store will be sure to succeed. If a food-related business doesn’t appeal, there is also extensive warehouse space that could be used for storage or manufacturing. The warehouse is complete with a loading dock, drive-in doors, and a variety of office spaces. It’s also located right off the highway, which makes it an appealing location for warehousing. Storage rent for the whole building will be very nominal. There is tons of open space so the possibilities for a new business are endless. If you’re looking for an attractive investment, or you’re a business person looking for an excellent business opportunity, don’t miss this!!!

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Storefront, Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C-1

APN/PARCEL ID

343201-088-021-0001-034-000

ASK ABOUT THIS PROPERTY

Nadia CheemaRE/MAX Realty GroupMore Info
585-313-7765

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

Nadia CheemaRE/MAX Realty GroupMore Info
585-313-7765

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