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85 Lake St 2,767 SF 100% Leased Retail Building Hamburg, NY 14075 $320,000 ($115.65/SF)
EXECUTIVE SUMMARY
Discover a truly versatile gem nestled in the vibrant heart of The Village of Hamburg. A 3-bedroom 1.5 bath property is a converted residence zoned as: Neighborhood Converted Corridor (NNC) Please see attached document for permitted usage. This property is perfect for Entrepreneurs seeking a live-work setup with dedicated storefront and living space, or Investors looking for dual-purpose potential. You also have the ability to convert storefront into additional living space. Features include Granite counter tops, Hot Water Tank (2023), New Electrical Service and Panel (2024) some updated windows, and newer flooring. There is a detached garage and full basement for plenty of storage. The opportunities are endless, and the zoning provides an amazing amount of flexibility and exceptional range of usage. The only limitation will be your imagination.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,767 SF
Building Class
C
Year Built
1945
Price
$320,000
Price Per SF
$115.65
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.53
Lot Size
0.12 AC
Zoning
NCC - Neighborhood Converted Corridor
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 144803-196-050-0013-049-000 | Improvements Assessment | $43,200 |
| Land Assessment | $11,800 | Total Assessment | $55,000 |
PROPERTY TAXES
Parcel Number
144803-196-050-0013-049-000
Land Assessment
$11,800
Improvements Assessment
$43,200
Total Assessment
$55,000
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85 Lake St
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