For Sale
$240,000

224 Union St Newark, NY 14513

Former Pizza Hut, 2846 sq ft, $240,000

Overview

Added:
Dec 11, 2024
Days on market:
128
This vacant, 2,846 square foot free-standing building, formerly a Pizza Hut, presents a unique retail investment opportunity in Newark, NY. Located on a highly visible section of West Union Street, a busy east-west retail corridor, this property offers excellent visibility and accessibility. The building, constructed in 1986, sits on a 0.335-acre lot and boasts ample parking with approximately 23 spaces. Zoned B-2 General Business, the property is well-suited for a variety of retail and professional office uses. The building's size and configuration provide flexibility for adaptive reuse, catering to diverse business needs. Its location within the Village of Newark, situated conveniently between Rochester and Syracuse, ensures a strong potential customer base. The property's proximity to other businesses enhances its appeal and potential for synergy. An adjacent former convenience store is also available for purchase, presenting an opportunity for property assemblage and expansion. This turnkey property offers immediate occupancy and significant potential for return on investment. The asking price is $240,000, translating to $84.33 per square foot. This represents a compelling opportunity for owner-users seeking a strategic location in a thriving community.

Highlights

  • 2,846 SF free-standing building in Newark, NY, on a busy retail corridor.
  • Building is zoned B-2 General Business, suitable for retail or office use.
  • Adjacent former convenience store also available for purchase, allowing for property assemblage.

Property Details for 224 Union St

Property type
Retail properties, Restaurants
Square Feet
2,846 SF
Year Built
1986
Lot Size (sq. ft)
14,593 SF

Location Insight

City
Newark
County
Wayne
State
New York
Latitude
43.046433494564
Longitude
-77.098720279321
224 Union St, Newark, New York

FAQs

What type of property is this?
Retail property - Former Pizza Hut, 2846 sq ft, $240,000
Where is the retail property located?
The property is located at 224 Union St Newark, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 2,846 SF free-standing building in Newark, NY, on a busy retail corridor.; Building is zoned B-2 General Business, suitable for retail or office use.; Adjacent former convenience store also available for purchase, allowing for property assemblage.
How can I contact the broker?
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224 Union St
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