About 6879 Erie Road
Exceptional Commercial Investment Opportunity in Derby! This unique property features 15 rentable units across 11 well-maintained buildings, all situated on a single lot zoned as a motel. Currently leased as residential units, the property generates over $100,000 in annual rental income with substantial potential for growth. Investors can explore opportunities to increase rents or convert the units into short-term rentals for even greater returns. Recent upgrades include new roofs, water lines, gas lines, and electrical systems, ensuring long-term durability and minimal maintenance concerns. Strategically located on Route 5, the property benefits from high visibility, consistent traffic flow, and easy access to the beautiful Lake Erie shoreline. Surrounded by established residential neighborhoods and close to popular attractions like Lake Erie Beach Park, this property offers versatility and strong demand, making it an ideal fit for a variety of commercial ventures.
Features of 6879 Erie Road
MLS® # | B1610421 |
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Price | $1,000,000 |
Bedrooms | 5 |
Bathrooms | 0.00 |
Square Footage | 6,494 |
Square Footage | 60984 |
Acres | 1.40 |
Type | Multi Family |
Sub-Type | Other |
Status | Active |
Community Information
Address | 6879 Erie Road |
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Area | Evans |
City | Evans |
County | Erie |
State | NY |
Zip Code | 14047 |
Amenities
Utilities | Sewer Available, Water Connected, All Utilities, Electricity, Heat, Snow Removal, Trash Collection, Water |
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Features | Irregular Lot |
Parking | Three or more Spaces |
Garages | Three or more Spaces |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Other, See Remarks |
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Appliances | Gas Water Heater |
Heating | Gas, Forced Air, Space Heater |
Fireplace | No |
# of Stories | 1 |
Stories | 1 |
Has Basement | Yes |
Basement | Crawl Space, Partial |
Exterior
Exterior | Wood Siding |
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Exterior Features | Concrete Driveway, Dirt Driveway |
Lot Description | Irregular Lot |
Roof | Asphalt, Metal, Shingle |
Construction | Wood Siding |
School Information
District | Lake Shore (Evans-Brant) |
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Additional Information
Short Sale | No |
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RE / Bank Owned | No |
Listing Details
Office | Keller Williams Realty WNY |
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Contact Info | 716-292-8756 |