254-256 Katonah Ave - Bank FOR SALE


Katonah, NY 10536
$3,750,000 USD
914-232-7000
254-256 Katonah Ave, Katonah, NY for Sale
$3,750,000 USD
Bank - FOR SALE
1/19
null | Request Cap Rate

254-256 Katonah Ave
Katonah, NY 10536


OVERVIEW

Remarkable investment opportunity and first time on the market in over 33 years- this expansive building is ideally situated close to the train station in the heart of downtown. This prime location features three thriving commercial spaces. Currently- the main street level floor is leased by Bank or America and Fashion Nail salon leased out until 2028. The entire upper floor has been renovated with refinished floors and has been freshly painted and is built out for office space and has large multitasking rooms and separate conference rooms. Key Features: • Prime Location: Walking/strolling distance from the train station, ensuring easy access for customers and clients. Experience the vibrancy of downtown living with all stores, restaurants, and amenities within walking distance. • Commercial Spaces: Three versatile commercial units for retail, office or service-based businesses. Benefit from high foot traffic and visibility in a bustling area. Currently, an entire upper-floor office space is vacant and great for owner/user or added rental income. • Investment Potential: Street level units including Bank Of America on Lease generating great cashflow. • Community Appeal: Enjoy a vibrant neighborhood atmosphere with local shops, cafes, and cultural attractions just moments away. This property is perfectly positioned to attract both residents and businesses. • Basement Storage: Ample room for storage, files etc in a large walkout basement the footprint of the building with a secure room that is a safe also. This portfolio is a rare find for savvy investors looking to expand their holdings in a prime downtown location. Don’t miss out on this opportunity to own a landmark building on the bustling main street in downtown Katonah.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$798 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bank of America

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

CB

APN/PARCEL ID

2000-049-019-00002-000-0017

ASK ABOUT THIS PROPERTY

Justin PieragostiniColdwell Banker Commercial Realty Inc.More Info
914-232-7000

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Justin PieragostiniColdwell Banker Commercial Realty Inc.More Info
914-232-7000

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