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11650 Genesee St 16,885 SF 80% Leased Industrial Building Alden, NY 14004 $1,100,000 ($65.15/SF) 9.09% Cap Rate
INVESTMENT HIGHLIGHTS
- 800 Amp/ 480-277 V / 3-phase, high exposure 3+ acre lot, zoned industrial, with 30% down- OWNER FINANCING AVAILABLE!!
EXECUTIVE SUMMARY
So many options. As owner/occupant you can occupy as little as 3K SF and collect tenant rent OR you can occupy entire 16,885 SF OR anything in between. As investor, current mo/mo tenants will sign leases.
With 30% DP owner will hold 1st mortgage at favorable terms.
PRIME, busy 3.2-acre, corner lot, zoned industrial - ideal for user wanting terrific exposure or future self-storage.
HARD TO FIND 480-277V, 3-phase power - bldg. has (3) separate gas & electric meters. NEW ROOF (2022)/ large drive-in doors and (1) truck-dock with leveler, crane rails in part of bldg. and much more.
ADDITIONAL INCOME - sale includes 3-unit residential home ($950/unit / $34,000/yr.) - requires work OR owner will demolish. Also includes free stand, large workshop/barn with gas & electric.
Whatever your needs this property can accommodate. Call to discuss the many options available
With 30% DP owner will hold 1st mortgage at favorable terms.
PRIME, busy 3.2-acre, corner lot, zoned industrial - ideal for user wanting terrific exposure or future self-storage.
HARD TO FIND 480-277V, 3-phase power - bldg. has (3) separate gas & electric meters. NEW ROOF (2022)/ large drive-in doors and (1) truck-dock with leveler, crane rails in part of bldg. and much more.
ADDITIONAL INCOME - sale includes 3-unit residential home ($950/unit / $34,000/yr.) - requires work OR owner will demolish. Also includes free stand, large workshop/barn with gas & electric.
Whatever your needs this property can accommodate. Call to discuss the many options available
PROPERTY FACTS Under Contract
AMENITIES
- Storage Space
- Fluorescent Lighting
UTILITIES
- Lighting
- Gas - Natural
- Water - County
- Heating - Gas
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Greatbatch Inc.
- Manufacturing
- -
-
$9.99
-
Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Greatbatch Inc. | Manufacturing | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
PROPERTY TAXES
| Parcel Number | 142089-085-030-0001-003-000 | Improvements Assessment | $333,000 |
| Land Assessment | $67,000 | Total Assessment | $400,000 |
PROPERTY TAXES
Parcel Number
142089-085-030-0001-003-000
Land Assessment
$67,000
Improvements Assessment
$333,000
Total Assessment
$400,000
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11650 Genesee St
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