5642 Horatio St - Warehouse FOR SALE


Utica, NY 13502- North Utica
$1,500,000 USD
646-552-7777
5642 Horatio St, Utica, NY for Sale
$1,500,000 USD
Warehouse - FOR SALE
1/3
null | 10.4% Cap Rate

5642 Horatio St
Utica, NY 13502
North Utica


HIGHLIGHTS

  • New roof in 2025

OVERVIEW

Incredibly well-kept, clean warehouse w/ recent renovations including new roof - right off I-90 and just a few minutes from Downtown Utica. Approx. ~7,000 sq ft currently used by owner, so perfect setup for owner-user to take some of the space while still collecting income from the other in-place tenants. Although the property is very well-maintained, there is still tremendous value add potential: we have plans available to build an additional 14,000 square foot property that can an add ~$150,000 to gross rents. Additionally, given the large lot size, the remaining land can be rented for vehicle parking, battery storage, and other uses. Please inquire regarding further property specifics such as broken down income, expenses, etc. ~15,000 SF warehouse & garage space situated on ~2.5 +/- acres.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

10.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

42

LAND DETAILS

LAND ACRES

2.5

LAND SF

108,900

ZONING

01

APN/PARCEL ID

294-017-0001-006-000-0000

ASK ABOUT THIS PROPERTY

Sebastian KayPond Point GroupMore Info
646-552-7777

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Sebastian KayPond Point GroupMore Info
646-552-7777

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