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30060125
30060126

42 South Main, Churchville, NY 14428 For Sale

Coldwell Banker Commercial Custom Realty
Coldwell Banker Commercial Custom Realty
Listed by Coldwell Banker Commercial Custom Realty
$1,900,000
136 days on market
Updated 18 days ago

42 South Main

Details
Property Type Retail
Sub Type Storefront, Shopping Center
Acreage 0.300

Retail

Marketing description

This is an outstanding opportunity to acquire a stable, cash-flowing retail plaza in the heart of Churchville, NY. Located on Main Street in the center of the village, this well-maintained plaza benefits from strong visibility, steady foot traffic, and long-standing tenants that provide consistent income. The plaza consists of 8 tenants and is anchored by the highly popular Churchville Grill along with the United States Post Office, creating reliable daily traffic to the property. These anchors help support the surrounding tenants and contribute to the plaza’s long-term stability. The property is a proven income producer, generating over $200,000 in gross annual income with approximately $165,000 in Net Operating Income (NOI). Most leases are structured as NNN leases, significantly reducing landlord responsibilities and creating a more passive investment profile. Several units have been updated and improved, helping maintain tenant retention and strong occupancy. Additionally, leases include 5% annual rent increases, providing built-in revenue growth and strong long-term appreciation potential. Investment Highlights  Purchase Price: $1,900,000  8 Established Tenants  Anchored by Churchville Grill United States Post Office  Gross Income: $200,000+ annually  NOI: Approximately $165,000  NNN Lease Structure  5% Annual Rent Increases  Updated Units Strong Tenant Base  Located in the Heart of Churchville’s Main Street This property represents a rare opportunity to acquire a stable, income-producing retail center in a tight market with strong local tenants and built-in rental growth. Ideal for investors seeking reliable cash flow with long-term upside.
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Listing Contacts

Coldwell Banker Commercial Custom Realty
Coldwell Banker Commercial Custom Realty
Listed by Coldwell Banker Commercial Custom Realty

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