270 Lake St - Office FOR SALE


Penn Yan, NY 14527
$1,295,000 USD
585-389-1041
270 Lake St, Penn Yan, NY for Sale
$1,295,000 USD
Office - FOR SALE
1/9
null | 8.13% Cap Rate

270 Lake St
Penn Yan, NY 14527


OVERVIEW

Great Opportunity for Investor looking for a Finger Lakes Region Asset at the N.E. end of Keuka Lake in the Village of Penn Yan Commercial District. Located across from the Hampton Inn and Knapp & Schlappi Lumber Yard. The Gross Bldg. Area is 21,227 SF is situated on 2.4 acres offering 65 parking spaces. It is Zoned General Commercial. A mix of Professional Office, Wellness Services and Retail Services-it is a well-cared for Building with updated infrastructure. Offering a Net Operating Income of $105,300/yr.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$66 USD /SF

CAP RATE

8.13%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

General Commercial

APN/PARCEL ID

573001-061-034-0001-046-000-0000

ASK ABOUT THIS PROPERTY

Terence ShannonRE/MAX 1st CommercialMore Info
585-389-1041

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Terence ShannonRE/MAX 1st CommercialMore Info
585-389-1041

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