For Sale
$2,900,000

100 Cascade Dr Springville, NY 14141

Multi-tenant retail property, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional value-add investment opportunity presents a 38,375-square-foot retail property situated on a 2.57-acre lot in Springville, New York. The single-story, Class B building, constructed in 1994, boasts 28,000 square feet of net rentable space, currently housing multiple tenants including AutoZone and M&T Bank. The property features 136 on-site parking spaces, providing ample convenience for customers and employees. Strategically located at the signalized intersection of Route 39 and Route 219, a major thoroughfare in Springville, this property benefits from high visibility and accessibility. The surrounding area is densely populated with various retailers and restaurants, including Country Fair, Emerling Ford, Tops Markets, and a Walmart Supercenter, ensuring a robust customer base. Zoned for Commercial/Industrial Park District use, this versatile property is well-suited for a variety of uses, including community facilities, warehouse operations, wholesale businesses, mobile home and boat sales, self-storage, and retail establishments. The asking price is $2,900,000, translating to $75.57 per square foot. This presents a compelling opportunity for investors seeking a strong return on investment in a prime location.

Highlights

  • $2,900,000 asking price for this value-add retail property.
  • 38,375 total square feet, with 28,000 square feet of net rentable space, on a 2.57-acre lot.
  • Located at 100 S Cascade Dr, Springville, NY 14141, at a major intersection with high visibility.
  • Features existing tenants including AutoZone and M&T Bank, providing immediate income.
  • 136 on-site parking spaces.
  • Built in 1994, this single-story, Class B building is zoned for Commercial/Industrial Park District use.

Property Details for 100 Cascade Dr

Property type
Lifestyle centers, Power centers
Square Feet
38,375 SF
Class
B
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
111,949 SF

Location Insight

City
Springville
County
Erie
State
New York
Latitude
42.5063944
Longitude
-78.688268
100 Cascade Dr, Springville, New York

FAQs

What type of property is this?
Lifestyle center - Multi-tenant retail property, high traffic area.
Where is the lifestyle center located?
The property is located at 100 Cascade Dr Springville, NY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: $2,900,000 asking price for this value-add retail property.; 38,375 total square feet, with 28,000 square feet of net rentable space, on a 2.57-acre lot.; Located at 100 S Cascade Dr, Springville, NY 14141, at a major intersection with high visibility.
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100 Cascade Dr
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