454 Main StArcade, NY 14009

  • Manufacturing properties
  • 1,202 SF
For Sale
$420,000 View listing

Property Details for 454 Main St

Year built
1940
Lot size
0.30 AC
Property size (Sq ft)
1,202 SF
Zone code
HC
Property type
Manufacturing properties
APN
562001 183.13-2-7
APU
5620011831327

Description

This exceptional 1.202 square foot commercial property located at 454 Main St, Arcade, NY presents a rare opportunity for investors and entrepreneurs. Situated on a substantial 1.19-acre lot, this property boasts excellent visibility and accessibility, with frontage on both Main Street and Bixby Hill, ensuring high traffic exposure. The property includes a garage, a pole building, and an office storefront, offering diverse usage possibilities. The existing structures provide a solid foundation for various business ventures, from retail to light industrial. The property benefits from low-cost Arcade Municipal Electric service, and a power converter is in place, allowing for conversion from single-phase to three-phase power, enhancing operational flexibility. Two older buildings have already been removed, creating additional space and potential for development. The large lot size is a significant advantage, particularly given the scarcity of such properties in the area. This prime location is just minutes from the heart of Arcade, offering convenient access to local amenities and services. The property is open to reasonable offers, making it an attractive investment opportunity with significant upside potential. Bring your vision and capitalize on this unique chance to establish a thriving business in a high-traffic location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $249,575
    Hospitality
    $228,609
    Educational
    $190,200
    Medical
    $196,742
    Retail
    $295,867

Location Insight

City
Arcade
County
Wyoming
State
New York
Latitude
42.5335
Longitude
-78.432

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$21,500
$39,500
$61,000
-
$23,889
$43,889
$67,778

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