83 John Street
Newstead, NY, 14001 $ 450,000
Bedrooms-- Baths-- Sq 3,596 Monthly Estimate*
$ 2,841
for $450,000. This 3,596 square foot building was built in 1900 on a lot size of 0.12.
Be part of the Village of Akron with this established deli/storefront and mixed-use investment opportunity! Offering a convenient neighborhood location, equipped commercial space and two attached residential units for additional income potential, this property is ideal for an entrepreneur, investor or owner-operator. The current owners have invested approximately $50,000 in improvements including updated electrical and lighting, new thermostats, cabinetry and countertops, exhaust hood, tile flooring, stainless-steel kitchen tables and shelving, stove, 3 bay sink, grease trap, paneling, paint and signage. The walk-in cooler has also been insulated and caulked. An extensive list of equipment is included, featuring a large sub counter, chest freezers, True freezer and beverage cooler, grill, slushie and cappuccino machines, deli case, slicer, ice cream freezer, warmers and more. The deli also features central air. Continue the existing deli/convenience-store concept, create a neighborhood market or specialty shop, or bring your own vision! Two attached apartments, a 2 bedroom unit and a 1 bedroom currently utilized as a 2 bedroom offer additional income potential and both feature in-unit laundry. Property also includes a 1.5 car garage, driveway, off-street parking, fully fenced yard, stamped concrete patio and a balcony for the upper unit. Owners occupy both units. Additional updates include roof (2001), siding, newer windows, and newer hot water tank. Approximately $50,000 in upgrades! A unique opportunity to combine business ownership, real estate and residential income potential all in one. Also listed as multifamily under MLS #B1714739.
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FeaturesGeneralSewer PublicSewer
Heating Gas HotWater
Cooling CentralAir
Utilities ElectricityConnected SewerConnected
Possession CloseOfEscrow
Roof Asphalt
Zoning N2R
School District Akron
Year Built 1900
Stories Count 2
Township Akron-Village
Levels Two
Property Subtype Business
Business Type Grocery
County Erie
Property Type CommercialSale
Possible Use Office Other Residential Retail SpecialUse
Status Active
City Newstead
High School District Akron
Zoning Description Residential Multi Use
Number Of Units Total 3
MLS Area Akron-Village-145601
Lot Size Units Acres
Lot Size Square Feet 5227.0
Year Built Details Existing
Tax Annual Amount 5023.0
Property Condition Resale
Lease Considered Y/N No
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Standard Status Active
Middle/Junior School District Akron
Elementary School District Akron
Tax Assessed Value 262300
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 1
Property Sub Type Additional Business Office Retail Apartment MixedUse
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InteriorBasement Full
Flooring Carpet Hardwood Linoleum Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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ExteriorParking Features Common
Lot Features Rectangular RectangularLot
Total Parking 2.0
Inclusions Equipment Land Building and Business
Lot Size Area 0.12
Number of Buildings 1
Building Area Total 3596.0
Lot Dimensions 63X81
Lot Size Acres 0.12
Waterfront Y/N No
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* Excluded FeaturesList ByKeller Williams Realty WnyBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,841
- Monthly Property Taxes
- $419
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Newstead, NY
Average List Price $349,950
Percent of Sale Price 22%
About Newstead, NY 8,752 Population
4% Since 2002
$ 59,574 Median Income
46.07 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
3041106 Elementary School
3040147 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/14/2026 | $450,000 | | Listed Price |