Hamlin NY Commercial for Sale
$499,000
1816 Lake Rd Hamlin, NY 14464
- Type:
- General Commercial
- Sq.Ft.:
- 8,125
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.03 Acres
- Year built:
- 2003
- Baths:
- MLS#:
- R1585858
- Subdivision:
- Hamlin Commons Resub
View additional info
Courtesy: ERA Team VP Real Estate
716-413-0200
ADDITIONAL INFORMATION
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 NNN 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.
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Hamlin Real Estate
The median home value in Hamlin, NY is $200,000. This is lower than the county median home value of $222,200. The national median home value is $338,100. The average price of homes sold in Hamlin, NY is $200,000. Approximately 83.2% of Hamlin homes are owned, compared to 10.85% rented, while 5.96% are vacant. Hamlin 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 Hamlin real estate agent to arrange a tour today!
Hamlin, New York has a population of 8,770. Hamlin is more family-centric than the surrounding county with 30.02% of the households containing married families with children. The county average for households married with children is 25.84%.
The median household income in Hamlin, New York is $68,766. The median household income for the surrounding county is $66,317 compared to the national median of $69,021. The median age of people living in Hamlin is 40.4 years.
Hamlin Weather
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 34.4 inches per year, with 73.8 inches of snow per year.