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11 S State St 21,421 SF 100% Leased Retail Building Nunda, NY 14517 $449,900 ($21.00/SF)



Executive Summary
Located in the heart of charming Nunda, this exceptional well maintained 3,671 sq. ft. mixed-use commercial property offers a rare investment and business opportunity in a thriving small-town setting. Featuring two storefronts on the first floor, a one-bedroom apartment on the second floor, and an additional unfinished upper-level space ideal for a future apartment, office suite, or creative workspace, the possibilities are endless. The first floor storefront, Anchors Coffee Bar is a well-established coffee shop/bar that has become a true staple of the Nunda community. Known for its welcoming atmosphere and loyal customer base, the business attracts both regular locals and tourists visiting the nearby State Park. The coffee shop offers a coffee and specialty drink menu, along with baked goods and rotating breakfast and lunch specials that keep customers coming back daily! Anchors Coffee bar has exponential potential for growth, Currently the coffee shop is ran by the owner, no employees, 4 days a week (not including weekends) and turns a profit. With weekend hours, additional employees, and expanded kitchen (plenty of room for) this coffee shop could be turned into a cozy shop with an expanded food menu. There is a lot of room to grow this business including but not limited too - hosting open mic nights or increasing outdoor seating - there is AMPLE room to grow! With already established steady community interaction, following and support, your dream starts here. With excellent visibility, steady foot traffic, multiple income-producing opportunities, and room for expansion, this property is perfect for investors, entrepreneurs, or anyone looking to own a centerpiece business just outside one of Western New York’s most scenic destinations. This mix used commercial building is currently being used as follows - two storefronts - one upper 1 bedroom (easily convertible to 2 bedroom) apartment - and an additional unused/storage space on the second floor down the hallway from apartment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,421 SF
Building Class
C
Year Built
1900
Price
$449,900
Price Per SF
$21.00
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.44
Lot Size
1.11 AC
Zoning
05
Frontage
246’ on South State Street
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 244001-183-016-0001-012-011-0000 | Improvements Assessment | $352,500 |
| Land Assessment | $33,800 | Total Assessment | $386,300 |
Property Taxes
Parcel Number
244001-183-016-0001-012-011-0000
Land Assessment
$33,800
Improvements Assessment
$352,500
Total Assessment
$386,300
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