Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Newly constructed 11,250± SF commercial building
  • Finish the space to suit your operation, brand, or tenant requirements
  • Approximately 5,600± SF per floor
  • Roof designed to support a potential bar and patio concept, creating a differentiated hospitality or entertainment opportunity

Executive Summary

Offered as-is at $499,000, approximately $44/SF. This 11,250± SF, two-story Main Street commercial building presents a compelling opportunity to acquire a modern structure at a fraction of replacement cost. With approximately 5,600± SF per floor, the property can be completed for an owner-user, multiple tenants, office, medical, retail, hospitality, or another commercial use. Major infrastructure, interior layouts, plumbing, electrical, and many finishes are already substantially advanced, allowing the next owner to customize the remaining build-out, circulation, branding, and tenant mix. Commercial HVAC infrastructure substantially installed; final completion/configuration by buyer. Located on a highly visible corner in Allegany, the contemporary building offers extensive storefront-style and floor-to-ceiling glass, abundant natural light, a polished professional appearance, and on-site parking for staff, customers, and tenants. The roof was designed to potentially support a future bar-and-patio concept, subject to municipal approvals, engineering, code requirements, and construction. The sale includes existing building materials and fixtures, including insulation, sheetrock, installed and boxed urinals, and boxed toilets. Owner financing available to a qualified buyer with a meaningful down payment.
Items included in the sale (remain with the building):
A stockpile of insulation, measuring approximately 7 ft × 8 ft × 6 ft
23 pieces of 4 ft × 8 ft sheetrock, 5/8 in
18 pieces of 4 ft × 12 ft sheetrock, 5/8 in
3 installed urinals, 2 boxed urinals, 8 boxed toilets

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
11,250 SF
Building Class
B
Year Built
2019
Price
$499,000
Price Per SF
$44.36
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,625 SF
Building FAR
0.65
Lot Size
0.40 AC
Zoning
C - Commercial
Parking
25 Spaces (2.22 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
042001-093-043-0004-019-000-0000
Land Assessment
$8,600
Improvements Assessment
$216,400
Total Assessment
$225,000
  • Listing ID: 21391330

  • Date on Market: 11/2/2020

  • Last Updated:

  • Address: 126 W Main St, Allegany Township, NY 14706

Contact the Sale Advisor

126 W Main St

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}