2571 US Route 11 - Office FOR SALE


La Fayette, NY 13084
$995,000 USD
315-382-5044
2571 US Route 11, La Fayette, NY for Sale
$995,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

2571 US Route 11
La Fayette, NY 13084


HIGHLIGHTS

  • Federal government agency tenant leased through December 31, 2028.
  • Recent capital improvements include a new roof and HVAC system installed in June 2025.
  • Multi-tenant office investment with three occupied suites and 100% occupancy.
  • Located near the I-81 interchange with direct access along Route 11.
  • Situated on a 1.5-acre parcel with paved parking for 36 vehicles.
  • Reported annual rent of $171,000 and reported NOI of $100,704.

OVERVIEW

Excellent opportunity to acquire a fully occupied, multi-tenant office investment in a highly accessible LaFayette location. Situated on approximately 1.5 acres near the I-81 interchange, the property features three occupied office suites totaling approximately 8,400 rentable square feet, additional common areas, and paved parking for 36 vehicles. Major capital improvements completed in 2025 include a new roof and new heating and cooling system. With established tenancy, strong occupancy, ample parking, and convenient access to Syracuse and the surrounding Central New York region, this property offers a great opportunity for investors seeking a well-maintained commercial asset. Supporting leases, financial records, and operating information are available to qualified buyers upon request.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,261 SF

ZONING

07

APN/PARCEL ID

313400-020-000-0005-010-002-0000

ASK ABOUT THIS PROPERTY

Catherine ArmijoHoward Hanna Real Estate ServicesMore Info
315-382-5044

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Catherine ArmijoHoward Hanna Real Estate ServicesMore Info
315-382-5044

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