12500 Olean Rd 6,040 SF 100% Leased Retail Building Chaffee, NY 14030 $779,000 ($128.97/SF)

Prime commercial development opportunity located along the Route 16 & Route 39 corridor with traffic counts exceeding 11,000 vehicles daily. Situated on approximately 9.82 acres with over 425 feet of frontage, this highly visible property is positioned within one of the area’s most active commercial corridors with some of the highest traffic counts in the region. The property features existing commercial improvements including remodeled tenant-occupied space along with additional adaptable commercial space, offering both immediate utility and future development potential. The expansive layout, scale, and depth of the site provide a rare opportunity for expansion, redevelopment, investment, or owner-user opportunities on a parcel size that seldom becomes available in this corridor. The property’s substantial frontage and configuration may also allow for future subdivision potential, creating additional flexibility and long-term value for a prospective purchaser while still maintaining direct Route 16 access. With existing infrastructure already in place, including greenhouse structures and adaptable commercial space, the property would also be ideally suited for a market, greenhouse operation, garden center, or other destination-oriented business concepts. A Phase 1 Environmental Assessment was completed in 2024, and the current ownership has completed extensive cleanup and site work to help position the property as a true blank slate for future development. Significant site improvements and preparation work have already been completed, further enhancing the property’s long-term potential and usability. Surrounded by established commercial activity and regional traffic flow, the property combines exceptional visibility, accessibility, and the advantage of favorable Sardinia municipal tax rates.