37 W Main St
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37 W Main St
8,490 SF 100% Leased Retail Building Fredonia, NY 14063 $715,000 ($84/SF)
Investment Highlights
- Multi-Tenant Retail & Medical Office building
Executive Summary
Multi-Tenant 2-Story Retail and Medical Office Building for Investment. Approximately 7 paved spaces adjacent to the building. The lot is 72.6 x 110 approximately 19% of an acre. Located in the Business District of the Village of Fredonia. 3 tenants on the first floor and 2 on the second floor. Renovations and upgrades in 2007, 2012 and 2024 for tenant spaces.
Can be sold together with 504 Central Ave in Dunkirk an 8,000 sq ft fully occupied Medical Building at $1,400,000.
Can be sold together with 504 Central Ave in Dunkirk an 8,000 sq ft fully occupied Medical Building at $1,400,000.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$13,845
|
$1.63
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,845
|
$1.63
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $13,845 |
| Annual Per SF | $1.63 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $13,845 |
| Annual Per SF | $1.63 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,490 SF
Building Class
C
Year Built/Renovated
1910/1998
Price
$715,000
Price Per SF
$84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.08
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
B-2 - General Business District
Parking
7 Spaces (0.82 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Air Conditioning
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 065801-113-014-0004-013-000 | Total Assessment | $62,700 |
| Land Assessment | $13,940 | Annual Taxes | $13,845 ($1.63/SF) |
| Improvements Assessment | $48,760 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
065801-113-014-0004-013-000
Land Assessment
$13,940
Improvements Assessment
$48,760
Total Assessment
$62,700
Annual Taxes
$13,845 ($1.63/SF)
Tax Year
2023
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37 W Main St
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