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513 W Union St
Newark, NY 14513

Cannery Row Mall · Retail Property For Sale

Storefront Properties New York Newark 513 W Union St, Newark, NY 14513

Investment Highlights

  • Income producing property with strong tenant roster.
  • 40 minutes to Rochester and 10 minutes to I-90/.

Executive Summary

Income producing property with strong tenant roster with a mix of medical and retailers.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
200,000 SF
Building Class
B
Year Built/Renovated
1985/2004
Price
$3,500,000
Price Per SF
$18
Cap Rate
6.79%
NOI
$237,500
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.51
Lot Size
9.00 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B-3 - Commercial
Parking
456 Spaces (2.6 Spaces per 1,000 SF Leased)

Amenities

  • Signage
 

  • Listing ID: 3711994

  • Date on Market: 8/27/2009

  • Last Updated:

  • Address: 513 W Union St, Newark, NY 14513

The Retail Property at 513 W Union St, Newark, NY 14513 is currently available for sale. Contact Graybill Real Estate, LLC for more information.

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