Step into a world of opportunity with the expansive property, perfectly positioned with over an acre of prime real estate, 3 separate buildings and 300 feet of high-visibility Route 5 frontage in the bustling heart of Derby, NY, where traffic counts exceed 14,000 vehicles daily. Memorabilia not included. This is your chance to own a premier commercial space that promised unparalleled visibility and versatility. Property highlights: Versatile Space: Ideal for a wide rage of commercial ventures, from launching your own business to leasing to multiple tenants. Multiple Income Streams: Benefit from existing revenue opportunities, including and established restaurant that has been a cherished fixture in the Derby community for decades. Strategic location: Located on the heavily trafficked Route 5, ensuring maximum exposure to both local residents and passersby. Investment Opportunity: Whether you're a driven entrepreneur or a strategic investor, this property offers a wealth of possibilities. Don't miss your chance to secure a top-tier commercial location with limitless potential for growth and success. Also listed as B1549292.
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 significantly 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
Terrific location near Lakeshore just off Route 5. Was a vet clinic. Multiple rooms on first floor and office/storage on 2nd floor. Very visible and would be a great insurance, accounting, law or medical related. Location zoned GB. Good for retail use as well. "Note New Price. Owner very motivated!"
3.4 Acre Lot, freshly graded after a building removal. Zoned Commercial. All utilities at the street.
The median home value in Derby, NY is $200,000. This is lower than the county median home value of $231,300. The national median home value is $338,100. The average price of homes sold in Derby, NY is $200,000. Approximately 76.41% of Derby homes are owned, compared to 17.39% rented, while 6.2% are vacant. Derby real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Derby real estate agent to arrange a tour today!
Derby, New York has a population of 6,430. Derby is less family-centric than the surrounding county with 23.48% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Derby, New York is $66,882. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Derby is 48.2 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 18 degrees. The average rainfall is approximately 39.4 inches per year, with 74.4 inches of snow per year.