About 1816 Lake Road
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 NN 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 8 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.
Features of 1816 Lake Road
| MLS® # | R1585858 |
|---|---|
| Price | $499,000 |
| Bathrooms | 0.00 |
| Square Footage | 8,125 |
| Square Footage | 88427 |
| Acres | 2.03 |
| Year Built | 2003 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 1816 Lake Road |
|---|---|
| Area | Hamlin |
| Subdivision | Hamlin Commons Resub |
| City | Hamlin |
| County | Monroe |
| State | NY |
| Zip Code | 14464 |
Amenities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Features | Rectangular, Rectangular Lot |
| Parking Spaces | 36 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Gas, Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | 1 |
| Has Basement | No |
Exterior
| Lot Description | Rectangular, Rectangular Lot |
|---|---|
| Roof | Flat |
School Information
| District | Brockport |
|---|---|
| Elementary | Ginther Elementary |
| Middle | A D Oliver Middle |
| High | Brockport High |
Additional Information
| Zoning | Commercial |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ERA Team VP Real Estate |
|---|---|
| Contact Info | 716-640-0104 |