550 Franklin Ave - Warehouse FOR SALE


Mount Vernon, NY 10550- South Side
$12,950,000 USD
914-469-0556
550 Franklin Ave, Mount Vernon, NY for Sale
$12,950,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

550 Franklin Ave
Mount Vernon, NY 10550
South Side


HIGHLIGHTS

  • Headquaters Opportunity
  • Ideal for User or Investor
  • Yard + Offices + Warehouse
  • Quick access to I-95

OVERVIEW

550 Franklin Avenue is a ±33,000 SF industrial building situated on ±1.65 acres in Mount Vernon, New York. The property includes approximately ±50,000 SF of fenced and lit outdoor storage yard area, executive office space, and a two-level warehouse with drive-in access to both levels. The upper warehouse features 18-foot clear ceilings and multiple overhead doors. The lower warehouse is accessed via a dedicated drive-in ramp and is currently used for heavy equiptment fleet maintaince. The office area includes executive class suites, conferencing, passenger elevator, open office space, and employee support areas. The property is currently occupied by Riggs Distler, a Centuri-owned public utility contractor. The seller will consider a sale with a long-term lease in place or delivery of the property vacant for an owner-user. Suitable for: Utility contractors General contractors Heavy civil contractors Electrical, plumbing and HVAC contractors Equipment rental companies Fleet operators Building material suppliers Distributors Municipal service contractors Transportation and logistics companies Industrial owner-users requiring warehouse, office, and outdoor storage

FOR SALE DETAILS

PRICE

$12,950,000 USD

PRICE/SF

$392 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1.65 Acre Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Truck Terminal, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

200

LAND DETAILS

LAND ACRES

1.84

LAND SF

80,150

ZONING

I

APN/PARCEL ID

0800-169-040-03142-000-0006

ASK ABOUT THIS PROPERTY

Ryan ShayShay Property GroupMore Info
914-469-0556

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Ryan ShayShay Property GroupMore Info
914-469-0556

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