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MODIFIED GROSS INVESTMENT OPPORTUNITY 1430 Lincoln Ave 15,060 SF Retail Building Utica, NY 13502 $1,895,000 ($125.83/SF)
Executive Summary
Caliber Collison modified gross investment opportunity located in Utica, New York. 10-year lease that commenced in 2021 with two five-year renewal terms. Access on Lincoln Avenue with 272’ ± road frontage and signage on Route 12, which has 36,000 ± vehicles per day. Some landlord responsibility.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
15,060 SF
Building Class
C
Year Built
1980
Price
$1,895,000
Price Per SF
$125.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.30 AC
Zoning
Industrial
Frontage
111’ on Lincoln Ave
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 318-055-0002-011-000-0000 | Improvements Assessment | $203,200 |
| Land Assessment | $29,800 | Total Assessment | $233,000 |
Property Taxes
Parcel Number
318-055-0002-011-000-0000
Land Assessment
$29,800
Improvements Assessment
$203,200
Total Assessment
$233,000
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MODIFIED GROSS INVESTMENT OPPORTUNITY | 1430 Lincoln Ave
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