11650 Genesee St - Warehouse FOR SALE


Alden, NY 14004
$1,025,000 USD
716-310-1020
11650 Genesee St, Alden, NY for Sale
$1,025,000 USD
Warehouse - FOR SALE
1/5
null | 10.83% Cap Rate

11650 Genesee St
Alden, NY 14004


HIGHLIGHTS

  • 800 Amp/ 480-277 V / 3-phase, high exposure approx. 2.25acre lot, zoned industrial - OWNER FINANCING AVAILABLE - Quick closing, ideal for 1031.

OVERVIEW

So many options available. Owner/Occupant - you can occupy as little as 6,885 SF and collect rental income on remaining 10,000 SF OR you can occupy entire 16,885 SF. Investor/Owner - have two (2) quality tenants (one a national retailer) ready to sign new leases based on a 5 & 7 year term. With $400,000 down pay't, Owner will hold 1st mortgage at favorable terms resulting in substantial savings and fast, transaction speed for 1031 exchanges Value-add development potential on prime, busy +/- 2.25acre, CORNER LOT, zoned industrial. Ideal development opportunities for user wanting terrific exposure or future self- storage development. Building features 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 power leveler, crane rails in part of bldg. and much more. Whatever your needs this property can accommodate. Call to discuss the many options available.

FOR SALE DETAILS

PRICE

$1,025,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

10.83%

% 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

2.25

LAND SF

98,010

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 Notice.