11650 Genesee St - Warehouse FOR SALE


Alden, NY 14004
$1,100,000 USD
716-310-1020
11650 Genesee St, Alden, NY for Sale
$1,100,000 USD
Warehouse - FOR SALE
1/5
null | 9.09% Cap Rate

11650 Genesee St
Alden, NY 14004


HIGHLIGHTS

  • 800 Amp/ 480-277 V / 3-phase, high exposure 3+ acre lot, zoned industrial, with 30% down- OWNER FINANCING AVAILABLE!!

OVERVIEW

So many options. As owner/occupant you can occupy as little as 3K SF and collect tenant rent OR you can occupy entire 16,885 SF OR anything in between. As investor, current mo/mo tenants will sign leases. With 30% DP owner will hold 1st mortgage at favorable terms. PRIME, busy 3.2-acre, corner lot, zoned industrial - ideal for user wanting terrific exposure or future self-storage. HARD TO FIND 480-277V, 3-phase power - bldg. has (3) separate gas & electric meters. NEW ROOF (2022)/ large drive-in doors and (1) truck-dock with leveler, crane rails in part of bldg. and much more. ADDITIONAL INCOME - sale includes 3-unit residential home ($950/unit / $34,000/yr.) - requires work OR owner will demolish. Also includes free stand, large workshop/barn with gas & electric. Whatever your needs this property can accommodate. Call to discuss the many options available

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

9.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, R&D, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

UTILITIES

Lighting, Gas - Natural, Water - County, Sewer, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

2

DRIVE INS

6

PARKING SPACES

70

LAND DETAILS

LAND ACRES

3.2

LAND SF

139,392

ZONING

M-1

APN/PARCEL ID

142089-085-030-0001-003-000

ASK ABOUT THIS PROPERTY

Stephen BlakeBlake Commercial R.E. Group LLCMore Info
716-310-1020

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Stephen BlakeBlake Commercial R.E. Group LLCMore Info
716-310-1020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.