For Sale
$650,000

510 Union St Newark, NY 14513

17,460 SF Multi-Tenant Convenience Store

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 17,460 square foot multi-tenant convenience store, Pro-May Mall, is situated on a 1.56-acre lot in Newark, NY, within the Rochester MSA. Built in 1977, this property offers a compelling owner/user or investment opportunity with a triple-net (NNN) lease structure. The property boasts a prime location across from Newark Plaza, anchored by Wegmans and featuring other prominent retailers such as Secor Home & Hardware and Rent-A-Center. Nearby national brands include Wendy's, McDonald's, Tim Hortons, Burger King, Citizens Bank, Walgreens, Advance Auto Parts, and Sherwin Williams, ensuring high visibility and foot traffic. The property comprises two buildings: a former Family Dollar located at the rear and available space in a front strip building closer to Union Road. Both buildings are accessible from Union and Miller Streets. A pylon sign opportunity is available on the Wendy's pylon. This property is located in an Opportunity Zone and presents significant upside potential with existing vacancies and strong surrounding retail presence. The asking price is $650,000.

Highlights

  • Opportunity Zone designation.
  • High-visibility pylon sign.
  • Convenient access from Union and Miller Streets.
  • Situated in Newark's premier commercial district.

Property Details for 510 Union St

Property type
Retail properties, Grocery and convenience stores
Square Feet
17,460 SF
Year Built
1977
Lot Size (sq. ft)
67,954 SF

Location Insight

City
Newark
County
Wayne
State
New York
Latitude
43.0462329
Longitude
-77.1097953
510 Union St, Newark, New York

FAQs

What type of property is this?
Retail property - 17,460 SF Multi-Tenant Convenience Store
Where is the retail property located?
The property is located at 510 Union St Newark, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Opportunity Zone designation.; High-visibility pylon sign.; Convenient access from Union and Miller Streets.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
510 Union St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message