Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Timberland Properties
Property view
Listing view 2
Listing view 3

6879 Erie Road, 
Derby, NY 14047

$1,000,000


5

Beds


Bath


6,494

Sq Ft


Multi-Family

Active

Listed by

Thejan Kodituwakku

Keller Williams Realty Wny

716-832-3300

Last updated:

June 10, 2025, 02:46 PM

MLS#

B1610421

Source:

NY GENRIS

About This Home

6879 Erie Road

Exceptional Commercial Investment Opportunity in Derby! This unique property features 15 rentable units across 11 well-maintained buildings, all situated on a single lot zoned as a motel. Currently leased as residential units, the property generates over $100,000 in annual rental income with substantial potential for growth. Investors can explore opportunities to increase rents or convert the units into short-term rentals for even greater returns. Recent upgrades include new roofs, water lines, gas lines, and electrical systems, ensuring long-term durability and minimal maintenance concerns. Strategically located on Route 5, the property benefits from high visibility, consistent traffic flow, and easy access to the beautiful Lake Erie shoreline. Surrounded by established residential neighborhoods and close to popular attractions like Lake Erie Beach Park, this property offers versatility and strong demand, making it an ideal fit for a variety of commercial ventures.

Home Facts

Multi-Family

5 Bedrooms

Price Summary

1,000,000

$153 per Sq. Ft.

MLS #:

B1610421

Last Updated:

June 10, 2025, 02:46 PM

Added:

22 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Interior

Living Area:

6,494 Sq. Ft.


Structure

Structure

Building Area:

6,494 Sq. Ft.


Lot

Lot Size (Sq. Ft):

60,983


Finances & Disclosures

Finances

Price:

$1,000,000

Price per Sq. Ft:

$153 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 New York State Alliance All rights reserved.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.