Modern well built one story building in excellent condition leased to the Dormitory Authority State of NY which has a triple A credit rating. The current tenant pays $8821.50 per month plus cams and tax and insurance escalators. The tenant has been there since 2010. Current lease expires 8/30/26 and the tenant has one five year renewal option. The owner feels confident that the tenant will renew. ADA compliant. Located right across from Conesus Lake in Lakeville NY. Excellent cash flow. 9.18% cap rate. Income and expense information is attached.
Money-making business, prime real estate bldg and ideal corner at north end of Conesus Lake!! Rare chance to own a turn-key well-established business with solid customer base and still growing. Open only 5 days a week and closed all of January. Popular BBQ and beer menu. Bldg, business, all equipment, and inventor included! All redone inside and out in 2011. New floors 2022. Recent upgraded POS system. New hvac, coolers, freezers, patio heaters-new 3 yrs ago. Tip-top shape. Quality food. Sit down or take out. Please do not bother employees or go in without appt confirmed. Agts and buyers must sign attached NDA before appt is confirmed. Easy showings anytime on Mon/Tues or Wed-Sun before 11:00 a.m. Note: Surveliance cameras active inside and out!
The median home value in Lakeville, NY is $513,500. This is higher than the county median home value of $188,100. The national median home value is $338,100. The average price of homes sold in Lakeville, NY is $513,500. Approximately 48.5% of Lakeville homes are owned, compared to 20% rented, while 31.5% are vacant. Lakeville 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 Lakeville real estate agent to arrange a tour today!
Lakeville, New York has a population of 773. Lakeville is less family-centric than the surrounding county with 8.07% of the households containing married families with children. The county average for households married with children is 23.97%.
The median household income for the surrounding county is $64,467 compared to the national median of $69,021. The median age of people living in Lakeville is 42.7 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 34.1 inches per year, with 51.9 inches of snow per year.