331 Waverly Ave - Manufacturing FOR SALE


Mamaroneck, NY 10543- Larchmont/Mamaroneck
$1,825,000 USD
914-262-2598
331 Waverly Ave, Mamaroneck, NY for Sale
$1,825,000 USD
Manufacturing - FOR SALE
1/10
null | Request Cap Rate

331 Waverly Ave
Mamaroneck, NY 10543
Larchmont/Mamaroneck


HIGHLIGHTS

  • Ceiling heights range from 12” to 16” throughout
  • Two overhead drive-in doors with a possible third
  • Just a few steps away from Metro North
  • Gas Fuel

OVERVIEW

EXCEPTIONAL WAREHOUSE & INDUSTRIAL OPPORTUNITY An exceptional opportunity to own a 10,125± SF versatile commercial property in the heart of Mamaroneck’s thriving industrial corridor. Featuring 12–16 ft. ceiling heights, two overhead drive-in doors (with potential for a third), and flexible M-1 Manufacturing District zoning, this property is ideally suited for a variety of industrial, commercial, and mixed-use applications. The building’s prime location—steps from Metro-North and minutes from I-95 & I-287—offers unmatched accessibility for both workforce and logistics. With strong market fundamentals, including historically low industrial vacancy rates in Westchester County, this property represents a rare owner-user or investment opportunity with long-term upside. * Size: 10,125 SF with 12–16 ft. ceiling heights * Lot Size: 0.20 Acres * Zoning: M-1 Manufacturing District * Drive-In Doors: Two existing (potential for a 3rd) * Power: 400–800A / Heavy * Utilities: Gas fuel, public water & sewer, lighting, heating * Warehouse Features: Floor drains for industrial use * Accessibility: Excellent highway, rail, and airport connections * Development Potential: Conceptual plan for 5,000± SF parking lot * 2025 Taxes:$21,918 * Owner-User Opportunity: Immediate occupancy potential Location & Accessibility * Steps from Metro-North (Mamaroneck Station – 0.5 mi) * 5 minutes to Larchmont Station * 21 minutes to Westchester County Airport * 33 minutes to LaGuardia Airport * 40 minutes to JFK International Airport * Traffic count: ±12,600 vehicles/day Zoning & Use Flexibility Situated in theM-1 Manufacturing District, this site allows for: Manufacturing, warehousing, and wholesaling. Limited retail and restaurant uses (within 150 ft. of Fenimore Road. Business and professional offices. Printing, publishing, and research laboratories. Municipal and public service uses. The district is designed for light industrial operations with minimal noise or environmental impact, offering both flexibility and compatibility with surrounding areas. Development Potential A conceptual mock-up illustrates the ability to create an additional 5,000± SF parking lot, enhancing operational capacity and appeal to a broader range of users. Market Context Westchester County’s industrial sector is experiencing record-low vacancy(approx. 6% in Q4 2023) driven by e-commerce growth and logistics demand. Limited availability of quality industrial space in Mamaroneck makes this property a rare find, while the site’s strategic location within “The Flats” industrial area positions it for long-term stability and potential appreciation.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Over 10,000 SF Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24

LAND SF

10,300

ZONING

M-1

APN/PARCEL ID

3203-008-000-00024-000-0150

ASK ABOUT THIS PROPERTY

Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

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Bryan LanzaChristie's Commercial Real Estate GroupMore Info
914-262-2598

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