For Sale
$1,590,000

406-432 Hamlin Clarkson Town Line Rd Hamlin, NY 14464

High-yield retail plaza, 65% occupied, strong anchor tenant.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional value-add retail investment opportunity presents a 24,816 square foot multi-tenant plaza situated on a 5.45-acre lot at 406-432 Hamlin Clarkson Town Line Rd, Hamlin, NY 14464. The property, built in 1983 and extensively renovated in 2023, boasts six units currently at 65% occupancy. A significant anchor tenant, Dollar Tree, occupies 10,000 square feet. The property consists of one single-story building. This offering includes an attractive adjacent 5.06-acre development parcel, presenting significant upside potential for expansion or future development. The property's prime location in Monroe County, northwest of Rochester, NY, offers excellent visibility and accessibility. The asking price for this multi-tenant retail plaza is $1,590,000. This is a rare opportunity to acquire a well-located, established retail center with significant growth potential. The property's recent renovation ensures modern amenities and long-term value. The substantial lot size and adjacent development parcel provide ample room for expansion or diversification. This investment is ideal for those seeking a strong return on investment in a thriving market.

Highlights

  • 24,816 SF multi-tenant retail plaza on a 5.45-acre lot in Hamlin, NY.
  • 65% occupancy with a 10,000 SF Dollar Tree anchor tenant.
  • Recently renovated (2023) single-story building.
  • Includes a 5.06-acre adjacent development parcel.
  • $1,590,000 asking price.

Property Details for 406-432 Hamlin Clarkson Town Line Rd

Property type
Shopping centers, Retail properties
Square Feet
24,816 SF
Year Built/Renovated
1983/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
237,402 SF
Units
6

Location Insight

City
Hamlin
County
Monroe
State
New York
Latitude
43.28522
Longitude
-77.919314

FAQs

What type of property is this?
Shopping center - High-yield retail plaza, 65% occupied, strong anchor tenant.
Where is the shopping center located?
The property is located at 406-432 Hamlin Clarkson Town Line Rd Hamlin, NY.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: 24,816 SF multi-tenant retail plaza on a 5.45-acre lot in Hamlin, NY.; 65% occupancy with a 10,000 SF Dollar Tree anchor tenant.; Recently renovated (2023) single-story building.
How can I contact the broker?
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406-432 Hamlin Clarkson Town Line Rd
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