3 Geddes Street, Murray, NY 14470

$425,000
21,075
SqFt

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List Price
$425,000
Status
ACTIVE
MLS#
R1648338
Year Built
1979
Stories
2
Acres
1.50
Living Area
21,075
Region
Holley

Property Description

Opportunity of a lifetime: Prime commercial property with a lot of potential! A grocery store will be a boom to this town, which has been designated as a food desert. Potential buyers are eligible for low-cost loans and grants if they invest in the construction of the store. The village of trustees are also eager for a new grocery store in town. The property is well-suited for a grocery store, as it has 24,379 square feet of market space, along with extensive office space and a pharmacy with lease income, which is in the same building. The pharmacy will provide additional income while a business owner or investor is getting up and running. The former grocery store is complete with coolers, freezers, and meat prep areas, all of which will make the investment and construction easier. Also, a major advantage of establishing the store here is that it's located strategically in a college town, near businesses and universities. This will provide plenty of foot traffic, as well as easy connectivity and visibility, which will be essential for deliveries. The area has a high demand for groceries, so a new grocery store will be sure to succeed. If a food-related business doesn’t appeal, there is also extensive warehouse space that could be used for storage or manufacturing. The warehouse is complete with a loading dock, drive-in doors, and a variety of office spaces. It’s also located right off the highway, which makes it an appealing location for warehousing. Storage rent for the whole building will be very nominal. There is tons of open space so the possibilities for a new business are endless. If you’re looking for an attractive investment, or you’re a business person looking for an excellent business opportunity, don’t miss this!!! Grand setter offer to get a grocery store set up here! Also Tax incentives available!

Additional Information

Taxes
$16,758
School District
Holley

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Listing courtesy of RE/MAX Realty Group. Contact: