10295 Main StClarence, NY 14031

Property Details for 10295 Main St

Year built

1987

Lot size

4.74 AC

Property size (Sq ft)

6,900 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

143200 72.01-3-15.1

APU

14320072013151

Description

This exceptional 13,300 square foot commercial property presents a remarkable opportunity for businesses seeking a prominent location in the desirable Clarence Hollow area. Situated on Main Street, this building boasts high visibility and offers a versatile layout suitable for a variety of uses, including retail or warehouse operations. The property includes a three-bedroom house, providing additional space for office staff or potential conversion into further commercial space. Ample storage space is available at the rear of the building, catering to businesses with significant inventory needs. The building's strategic location on Main Street ensures excellent accessibility and exposure to a high volume of traffic. This presents a unique chance to establish or expand a business in a thriving community. While property taxes are yet to be determined, the overall value and potential of this property make it an attractive investment. The substantial square footage, combined with the included residential component and generous storage area, offers significant flexibility and growth potential. This is a rare opportunity to acquire a well-positioned commercial property in a highly sought-after location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is being offered at $887,900.

• CAP approach

  CAP return

  Valuation

  6%

  $1,839,922

  6.5%

  $1,698,390

  7%

  $1,577,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,663,495

  Geo Method

  $1,093,879

• Alternative Use

  Use

  Valuation

  Residential

  $1,432,655

  Hospitality

  $1,312,305

  Educational

  $1,091,822

  Medical

  $1,129,371

  Retail

  $1,698,390

Location Insight

City

Clarence

County

Erie

State

New York

Latitude

42.9774

Longitude

-78.6058

CBSA code

15380

CBSA name

BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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