1234 NY-215 - Warehouse FOR SALE


Cortland, NY 13045
$995,000 USD
315-727-9917
1234 NY-215, Cortland, NY for Sale
$995,000 USD
Warehouse - FOR SALE
1/14
null | Request Cap Rate

1234 NY-215
Cortland, NY 13045


HIGHLIGHTS

  • A unique, turn-key investment with three income-generating opportunities.
  • Reputable, fully equipped business with optional training for new ownership.
  • Three steel buildings, 75 fully rented units, earning approx. $65,000/year.
  • Established rental business with steady $10,000/year gross income.

OVERVIEW

This unique 3+ acre property in the heart of Virgil, NY, offers three distinct and profitable revenue streams, presenting an excellent turn-key investment opportunity. 1. **Empire Welding (44-Year Established Business):** A highly successful and reputable welding operation, including all essential equipment and machinery. The current owner is committed to ensuring a smooth transition and is open to providing training to the new owner if desired. 2. **Self-Storage Facility:** Three steel buildings comprising 75 fully rented storage units, generating a gross annual income of $65,000. 3. **U-Haul Rental Dealership:** An established U-Haul truck rental business with a consistent gross annual income of $10,000.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Empire Welding

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.11

LAND SF

135,472

ZONING

COM

APN/PARCEL ID

114600-126-014-0002-037-000-0000

ASK ABOUT THIS PROPERTY

Jeff GuidaYaman CommercialMore Info
315-727-9917

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Jeff GuidaYaman CommercialMore Info
315-727-9917

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