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USANYDerby6879 Erie Rd
6879 Erie Rd, Home with 5 bedrooms, 0 bathrooms and null parking in Derby NY | Image 1
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$1,000,000

6879 Erie Rd, Derby, NY

Real Estate

For Sale

$--,---,---
500
  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 6494 sqft
Garage No
Maintenance Fees 
Taxes $12,380
Days Active 16
Approx. Age 
Avg. Price Per Sqft $153
MLS® Number B1610421

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Commercial Investment Opportunity in Derby! This unique property features 15 rentable units across 11 well-maintained buildings, all situated on a single lot zoned as a motel. Currently leased as residential units, the property generates over $100, 000 in annual rental income with substantial potential for growth. Investors can explore opportunities to increase rents or convert the units into short-term rentals for even greater returns. Recent upgrades include new roofs, water lines, gas lines, and electrical systems, ensuring long-term durability and minimal maintenance concerns. Strategically located on Route 5, the property benefits from high visibility, consistent traffic flow, and easy access to the beautiful Lake Erie shoreline. Surrounded by established residential neighborhoods and close to popular attractions like Lake Erie Beach Park, this property offers versatility and strong demand, making it an ideal fit for a variety of commercial ventures.Show Description
MLS® NumberB1610421
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorConcrete Driveway, Dirt Driveway
GarageNo
Approx. Age
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Forced Air, Space Heater
A/C
Heating Fuel

Extras

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