1961 Transit Rd - Industrial FOR SALE


Burt, NY 14028 | 
$2,500,000 USD
716-472-0776
1961 Transit Rd, Burt, NY for Sale
$2,500,000 USD
Industrial - FOR SALE
1/6
null | 8% Cap Rate

1961 Transit Rd
Burt, NY 14028


OVERVIEW

1961 Transit Rd., Newfane, NY Warehouse space -57,760 sf 17.1 acres -700 feet of frontage Occupied by two tenants - approximately four years left on the lease with a gross annual income of $242,000 18 foot ceilings, 4 doors at dock, 2 at grade ,concrete floors, climate controlled throughout, new roof on 45,000 sf rubber membrane done in 2022, the rest of the roof was replaced in 2025, new LED lighting throughout the entire building. Tenant lease information available upon request.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

4

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.1

LAND SF

744,876

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Will SaperstonSaperston Real Estate Corp.More Info
716-472-0776

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Will SaperstonSaperston Real Estate Corp.More Info
716-472-0776

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