BLACK CREEK COMMONS, CHURCHVILLE, NY
17,000 SqFt
Marketing description
Marketing Description
Black Creek Commons is a brand-new mixed-use development located at 32 Buffalo Street & S Main Street in the Village of Churchville, NY. Completed in Spring 2025, this waterfront property overlooks Black Creek and offers investors a rare, stabilized opportunity with both residential and retail components in place.
The project features 8 luxury two-bedroom, two-bath apartments with private garages, elevator access, spacious layouts, and individually metered utilities. The ground-level retail component includes two highly visible storefronts, fully leased to an established insurance agency and a property management/real estate firm.
With strong tenant demand, limited new supply in the market, and modern construction requiring minimal maintenance, Black Creek Commons is positioned as a hands-off investment with immediate income and long-term stability. This property is ideally suited for investors seeking a 1031 Exchange replacement property or a high-quality addition to their portfolio.
Investment highlights
Investment Highlights
New Construction (2025 Completion): Modern design with minimal maintenance requirements.
Strong Tenant Mix: 8 luxury 2BR/2BA apartments plus 2 ground-level retail tenants (insurance and property management firms).
Stabilized Income: Fully leased upon delivery, providing immediate cash flow.
Premium Location: Waterfront setting directly on Black Creek in the Village of Churchville.
Tenant Efficiency: All residential units individually metered with private garages and elevator access.
Long-Term Appeal: Rare mixed-use opportunity with strong residential demand and limited new supply in the market.
1031 Exchange Ready: Ideal replacement property for investors seeking hands-off management and reliable returns.
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