1 - 3 Broad Street, Plattsburgh, NY

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1 - 3 Broad Street

Plattsburgh, NY 12901

Property Type:Office Sub Type:Office/Residential Status:Existing , Renov 1993 Year Built:1960

Stories:2 Typical Floor:- Building Size:4,400 SF

For Sale Price:$475,000 Price/SF:$107.95

Cap Rate:9.50 %

Parking:10 Surface spaces are available

Downtown office building located on a busy intersection (across from new Gateway Office Building). Office space measures 3,000 +/- sq.ft. Extra rental income exceeds $22,000.

Sale Notes:
Stable commercial tenant. Residential portion rents easily. Commercial unit has three seperate electric meters, could be coverted to smaller office sizes. Unit 3 was renovated in July of 2007.

Unit# Size Lot Size Annual Rent Lease Expiration
1 2,985 sq.ft. $12.86 $38,400 08/31/2008
2 216 sq.ft. $29.17 $6,300 09/30/2007
3 1,382 sq.ft. $11.58 $16,000 05/31/2008

CLICK HERE TO CONTACT THE SALES BROKER

FOR SALE CONTACTS

Coldwell Banker Whitbeck Associates

Peter Whitbeck

(518) 562-9998

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