Listing Courtesy of: 716-292-8756 - Thejan Kodituwakku - Keller Williams Realty WNY
716-832-3300
$1,100,000
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6879 Erie Rd Derby, NY 14047
Apartment
Residence
Beds
Baths
6,494
Sq. Ft.
1.4
Acre
Lot
Property Activity
Time on Site
days
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This unique commercial investment opportunity features 15 units across 11 buildings on a single lot, zoned as a motel and currently rented as residential units, generating over $110,000 annually in rental income. With the potential to raise rents or convert the units to short-term rentals for signif...icantly increased earnings, this property presents a versatile income opportunity. All buildings have been well-maintained, with new roofs, water lines, gas lines, and electric lines installed. Located on Route 5 in Derby, this prime location offers high visibility and steady traffic flow, connecting to the scenic Lake Erie shoreline. The surrounding residential neighborhoods provide a strong local customer base, and nearby attractions like Lake Erie Beach Park draw visitors year-round, making this property ideal for a variety of commercial venture
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MLS#
B1561865
Property Type
Apartment
Square Feet
6,494
sq. ft
Lot Size
1.4
Sewer
Sewer Connected
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