CCertihomes
1816 Lake Road, Hamlin, NY 14464

$499,000

0 beds 0 baths 8,125 sqft Built 2003189 days on marketActive

About this home

Prime Dollar General Investment Great investment opportunity in a well-maintained, free-standing building. This retail space covers 8, 125 square feet & over 36 parking spaces, designed for a seamless customer experience. Occupied by Dollar General, a nationally recognized and stable tenant, this store has consistently showcased solid performance. Its status as a reliable, low-risk investment is further amplified by the care the property has received over the years. Offered as a NNN lease, investors enjoy perks of limited landlord responsibilities, allowing for a more passive investment experience. One of the most enticing aspects of the property is its return potential. Approximately a 8 CAP, better than average for a DG, buyers are presented with the promise of great returns. Moreover, this property is listed at a price significantly below its early 2023 appraisal, providing immediate equity advantage. Seize this opportunity to enhance your portfolio with a prime DG property that offers both immediate value & long-term growth potential.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$7,248/mo

Real estate (PITI + HOA + PMI)
$5,554
Principal + interest$3,202
Property tax + insurance$2,165
PMI / 2nd mortgage$187
Utilities
$3,569
Heating + cooling$1,630
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$143
$7,248/mo TLC
Budget$7,748/mo
Remaining after TLC$500/mo
Purchase price
$499,000
Down payment
$24,950 (5%)
Loan amount
$474,050
APR
7.15%

Quick facts

Type
COM
Style
Year built
2003
Lot size
2.03 ac
Stories
1
Heating
Gas, ForcedAir
Cooling
CentralAir
Water
Public
HOA
Annual tax
$16,526
MLS #
R1585858
County
Monroe

At a glance

Air conditioning

Home features

Roof
Flat
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Schools

Elementary
Ginther Elementary
Middle
A D Oliver Middle
High
Brockport High

Neighborhood — 14464

MetricThis ZIPCountyUSA
Population9,60219,351,094299,088,112
Population Change Since19906.00%8.00%20.00%
Population Density333395
Male4,8359,381,926147,432,321
Female4,7679,969,168151,655,844
Never Married1,7134,946,39163,775,926
Married4,6517,166,701123,120,365
Separated2721,159,67312,639,686
Widowed2661,110,24515,467,586
Divorced5811,210,44823,075,029
Number Of House Hold3,2857,102,016111,826,380
Average House Hold Size2.912.642.60
Medial Age35.8036.5335.46
Median House Hold Income$58,835$49,847$48,276
Average House Hold Income$62,827$70,032$63,629
P C I$22,040$26,569$24,529
M D I$48,821$42,210$41,133
A T H E$51,110$54,185$50,898
S T R8.00%4.00%
W C J78.26%81.55%77.74%
(Zip) Code
14464

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →

Listing information last refreshed 1/24/2025. Provided courtesy of ERA Team VP Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.