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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
6,494
acreage
Acreage
1.4
open houses
Open Houses
-
year built
year built
-
full baths
Full Baths
0
half baths
Half Baths
0
This unique commercial investment opportunity features 15 units across 11 buildings on a single lot, zoned as a motel and currently rented as residential units, generating over $110,000 annually in rental income. With the potential to raise rents or convert the units to short-term rentals for significantly increased earnings, this property presents a versatile income opportunity. All buildings have been well-maintained, with new roofs, water lines, gas lines, and electric lines installed. Located on Route 5 in Derby, this prime location offers high visibility and steady traffic flow, connecting to the scenic Lake Erie shoreline. The surrounding residential neighborhoods provide a strong local customer base, and nearby attractions like Lake Erie Beach Park draw visitors year-round, making this property ideal for a variety of commercial venture
Location
Subdivision -
County Erie
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: B1561865
Listing agent: Thejan Kodituwakku #10401342241
Listing broker: Keller Williams Realty Buffalo Northtowns (716) 832-3300
Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 1 2025 at 2:54 a.m. EST
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