Excellent investment with 8% cap rate. Easy to manage. Great tenants: Anchor tenant is Curaleaf Medical Marijuana Dispensary. Others are Shumway Insurance Agency & Tech Cellar Cellphone Repair. Detailed income & expense information shared upon signing NDA and proof of buyer's financial qualification. Remainder of building occupied by professional offices-Adirondack Coast Realty & Bricks & Mortar Mgmt, Inc. includes attached 20 x 40 heated garage with 14 ft overhead door. Listing agent is owner & licensed real estate associate broker. Owner will consider small property with 1031 exchange, residential, land, income property or other. Will consider creative financing. Taxes reflect current assessed value. Assessment is due to increase to 1,000,000.
201686
Retail, Other
Clinton
1973
0.57
Acres
Public Water
Block, Masonite
12,500
Sq. Ft.
None
Natural Gas Available, Sewer Connected, Water Connected
School Information
Plattsburgh
Interior Features
- Cooling
- Separate Meters
- Heating
- . Individual Meters.
- Plumbing
- Electric Water Heater
- Basement
- None
Exterior / Lot Features
- Parking
- Off Street.
- Exterior
- Block, Masonite
- Roof
- Rolled, Hot Mop
- Lot Dimensions
- 100 x 250
- Zoning
- Commercial
- Additional Exterior/Lot Features
- Cleared, Level, Paved.
Financial Considerations
$33,961
1031 Exchange, Cash, Conventional
Loading...