28 Sodus StClyde, NY 14433

Property Details for 28 Sodus St

Year built

1983

Lot size

0.12 AC

Property size (Sq ft)

3,072 SF

Property type

Investment properties

Property subtype

Live-work space

APN

542401 74112-14-302362

APU

5424017411214302362

Description

This exceptional 3,936 square foot commercial building, located at 28 Sodus Street in Clyde, New York, presents a unique investment opportunity. Currently configured as a former furniture store, the property offers versatile space with the potential for mixed-use development. The building features a single tenant occupancy, simplifying management and maximizing rental income. Its layout includes a street-level storefront area, ideally suited for retail or commercial use, and an upper level that could be adapted into residential living space, subject to necessary permits and approvals. Situated in Wayne County, this property enjoys a convenient location, just eight miles from the popular DelLago Casino and the Clyde-Savannah VFW, providing excellent access to amenities and a potentially strong customer base. The property's size and adaptable layout make it suitable for a variety of commercial ventures, offering significant potential for return on investment. The address is 28 Sodus Street, Clyde, NY 14433. The building's total square footage is 3,936, encompassing a single suite. This presents a rare opportunity to acquire a well-located commercial property in a thriving area. Further investigation into zoning regulations and potential redevelopment options is encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $496,077

  6.5%

  $457,917

  7%

  $425,208

• Comparable approach

  Method

  Valuation

  Relative Method

  $280,652

  Geo Method

  $401,388

• Alternative Use

  Use

  Valuation

  Residential

  $567,817

  Hospitality

  $520,117

  Educational

  $432,731

  Medical

  $447,614

  Retail

  $673,138

Location Insight

City

Clyde

County

Wayne

State

New York

Latitude

43.0835

Longitude

-76.8723

CBSA code

40380

CBSA name

ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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