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$ 4,977,000
Est. payment | /mo
4.1 Acres Lot
$ 4,977,000
Est. payment | /mo
4.1 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6309228
Originating Board onekey2
Rental Info No
Year Built 1980
Lot Size 4.100 Acres
Acres 4.1
Property Description
SELLERS FINANCING AVAILABLE! This commercial property allows you to own a cash cow investment, with 5.1 acres of the commercial property leased for parking trucks, trailers, boats, RVs, used cars, a fully leased warehouse used as an auto repair shop, and garages, additionally, it has 5 residential units. Great location, Just 4 minutes 3.4 miles off Exit 126 Florida NY. This is a value add opportunity Since all units are rented under market value, additionally, not all parking spaces are leased, and is highly demanded in the area. It's a good & easy investment since it doesn't require much maintenance, management, or repairs. This property can be redeveloped for about 100,000 sq ft industrial building, or you can just keep all the structures and build about 40,000 sf warehouse building. Property currently has a 7.71% cap rate.
Location
State NY
County Orange County
Interior
Heating Baseboard, Hot Water, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Appliance Convection Oven, Gas Water Heater
Exterior
Parking Features Oversized
Utilities Available Electricity Available
Building
Water Drilled Well
Others
Special Listing Condition None
Listed by R New York
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Brian Driscoll
Associate Broker | License ID: 10301222585
477 Madison Ave., Ste 636., York, NY, 10022, United States