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Portfolio for Auction 2 Properties Online Auction Sale Albion Town Orleans, NY
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- 165 S Platt Street and 225-227 East Avenue portfolio offers a local pizza restaurant and bar building, as well as a self-storage facility/ warehouse.
- Multiple short-term self-storage and warehouse leases, plus the Barcade lease, present current cash flow and flexibility for new tenants.
- Specialty retail at 165 Platt Street is an entertainment facility with a pizza restaurant and a warehouse for tailgating and bar games.
- One hour or less from the Canadian border, Rochester, and Buffalo, with direct frontage along East Avenue/ Highway 31.
- Benefits of being in the Orleans County Submarket’s Opportunity Zone enable tax incentives for future conversion potential.
EXECUTIVE SUMMARY
Take advantage of a prime investment opportunity with this income-generating multifaceted portfolio that includes occupied self-storage units, warehouse space, and a popular local restaurant/ Barcade facility.
225-227 East Avenue is a 117,000-square-foot building divided between self-storage units and private warehouse space. The warehouse space spans 60,000 square feet, and includes dedicated office space spanning 4,000 square feet. The well-designed building has 24-foot ceilings, 480v electricity capability, a sprinkler system, multiple furnaces, three loading docks, and three drive-ins with 16-foot doors. Sitting on a large parking lot, the building is ideal for a truck terminal, a manufacturing warehouse, a cold-storage facility, self-storage, and more.
165 S Platt Street, home to Dubby’s Tailgate, is a popular local Barcade restaurant serving wood-fired pizzas, subs, and local brews. The entertainment facility measures 64,200 square feet and has a 10,000-square-foot warehouse featuring tailgating space and arcade games. The portfolio offers over 181,000 square feet of multiple storage units, warehouse and office space, and an entertainment/restaurant venue.
Albion Town Orleans is a tight-knit community in northwestern New York, about one hour or less from the Canadian border, Rochester, and Buffalo. It is primarily served by New York 98, which further connects to Interstates 90 and 490. The subject portfolio is located within the Opportunity Zone of Orleans County, enabling tax incentives and the opportunity to convert one or both buildings.
The surrounding 10-mile population of 27,735 has a corresponding average household income of nearly $74,000. The heaviest industries per daytime employment are education and health services, public administration, and trade, transportation, and utilities; manufacturing is not far behind. Per the $331.9 million generated by the realm’s spending power, food and alcohol, transportation and maintenance, and entertainment retain the three largest spending pools.
Property tours are available by appointment only. Please contact the broker to schedule.
225-227 East Avenue is a 117,000-square-foot building divided between self-storage units and private warehouse space. The warehouse space spans 60,000 square feet, and includes dedicated office space spanning 4,000 square feet. The well-designed building has 24-foot ceilings, 480v electricity capability, a sprinkler system, multiple furnaces, three loading docks, and three drive-ins with 16-foot doors. Sitting on a large parking lot, the building is ideal for a truck terminal, a manufacturing warehouse, a cold-storage facility, self-storage, and more.
165 S Platt Street, home to Dubby’s Tailgate, is a popular local Barcade restaurant serving wood-fired pizzas, subs, and local brews. The entertainment facility measures 64,200 square feet and has a 10,000-square-foot warehouse featuring tailgating space and arcade games. The portfolio offers over 181,000 square feet of multiple storage units, warehouse and office space, and an entertainment/restaurant venue.
Albion Town Orleans is a tight-knit community in northwestern New York, about one hour or less from the Canadian border, Rochester, and Buffalo. It is primarily served by New York 98, which further connects to Interstates 90 and 490. The subject portfolio is located within the Opportunity Zone of Orleans County, enabling tax incentives and the opportunity to convert one or both buildings.
The surrounding 10-mile population of 27,735 has a corresponding average household income of nearly $74,000. The heaviest industries per daytime employment are education and health services, public administration, and trade, transportation, and utilities; manufacturing is not far behind. Per the $331.9 million generated by the realm’s spending power, food and alcohol, transportation and maintenance, and entertainment retain the three largest spending pools.
Property tours are available by appointment only. Please contact the broker to schedule.
MATTERPORT 3D TOURS
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
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STREET VIEW
STREET
MAP
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
PROPERTY FACTS
| Sale Condition | Auction Sale | Sale Type | Investment |
| Type of Ownership | Fee Simple | Status | Active |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT |
|---|---|---|---|
|
Dubby's Tailgate
Albion Town Orleans, NY 14411 |
Industrial | 64,200 SF | 1955 |
| Albion Town Orleans, NY 14411 | Specialty | 117,000 SF | 1950 |
SALE ADVISOR
SALE ADVISOR
Igor Valoshka, Licensed Real Estate Salesperson
As a multi-million dollar producer with Howard Hanna Real Estate Services, Igor is chosen by clients because they know that with his knowledge and understanding of the local market, he will get the job done for multiple units, plazas, apartments, and warehousing. Whether one is in the Luxury Home market, a First Time Home Buyer/Seller, looking for the perfect commercial building, or an investment property, he will walk them through the steps and navigate the process for them.
Rochester has an exceptional real estate market, and as a buyer or seller, he has the expertise to represent them and negotiate in their best interest.
Rochester has an exceptional real estate market, and as a buyer or seller, he has the expertise to represent them and negotiate in their best interest.
ABOUT THE AUCTION TECHNOLOGY
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AUCTION CONTACT
Kevin Loudy
Contact
Auctioneer License:
Ten-X, Inc. Vibhav Kapila RE Brkr 10991231490
-
POWER BROKER Igor Valoshka -
Howard Hanna Real Estate Services
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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