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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,050 sqft
Price per Sqft $55
MLS Listing ID R1667261
Construction Status Existing
HOA Y/N No
Year Built 2003
Annual Tax Amount $18,634
Lot Size 1.200 Acres
Acres 1.2
Lot Dimensions 152X400
Property Description
8229 N. Main St in Eden, NY presents an opportunity to acquire a stand-alone, single-tenant Dollar General investment with an established national retailer in place at an 8 CAP.
The property is leased to Dollar General under an NN lease structure, offering dependable rental income with limited ongoing landlord responsibilities. The store has been renovated within the last several years, the parking lot has been refurbished and striped, and the front half of the building has a new roof. These recent improvements help reduce some of the near-term capital concerns commonly associated with commercial investment properties.
The lease includes additional renewal options, creating the potential for continued occupancy beyond the current lease term. The tenant has historically been reliable with rent payments, making this a relatively straightforward investment opportunity for buyers seeking stable commercial income backed by a nationally recognized tenant.
The property may appeal to private investors, 1031 exchange buyers, or investors looking to add a single-tenant retail property to an existing portfolio.
8229 N. Main St, Eden, NY 14057
The seller also owns the Dollar General property at 1816 Lake Rd, Hamlin, NY, which is being offered separately. The seller may be more negotiable on pricing and terms for a buyer interested in purchasing both properties as a package.
Location
State NY
County Erie
Area Eden-144000
Zoning Commercial
Interior
Heating Gas, Forced Air
Cooling Central Air
Inclusions Land and Building
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Total Parking Spaces 40
Building
Lot Description Irregular Lot
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Construction Status Existing
Schools
Elementary Schools Eden Elementary
Middle Schools Other - See Remarks
High Schools Eden Junior-Senior High
School District Eden
Others
Tax ID 144000-223-000-0002-018-200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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