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22 Creamery Rd 5,524 SF 100% Leased Industrial Building Johnson, NY 10933 $450,000 ($81.46/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • The broad open space and also the storage bays.

EXECUTIVE SUMMARY

**NOTE: BACK ON THE MARKET - BUYER'S DUE DILIGENCE PERIOD EXPIRED/DID NOT DELIVER** Nestled within the charming town of Johnson, New York, this historic former dairy creamery (which is currently being used as a WAREHOUSE) stands as a testament to the region's rich agricultural heritage. Boasting a captivating blend of rustic charm and versatile potential, this property presents a unique opportunity for both commercial and residential endeavors (Can apply for a variance use for SF/MF). If you're searching for a property that combines history, charm, and endless possibilities, this former dairy creamery in Johnson, NY, is a must-see. Whether you envision it as a commercial hotspot or a distinctive residential retreat, this space is ready to be reimagined and brought to life once again. Don't miss out on the chance to own a piece of Johnson's history while shaping its future.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS Under Contract

Price $450,000
Price Per SF $81.46
Sale Type Investment or Owner User
Cap Rate 6%
Sale Condition Build to Suit
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Auto Repair
  • Industrial Distribution
Building Class C
Lot Size 1.02 AC
Rentable Building Area 5,524 SF
No. Stories 1
Year Built 1950
Parking Ratio 0.91/1,000 SF
Clear Ceiling Height 30’
No. Drive In / Grade-Level Doors 2
Zoning 02 - SINGL - The buyer of this property should know that it is considered Pre-existing/Non-Conforming which means it can be used for Single Fam./Multi-Fam.

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • NY City Opera
  • Rental and Leasing Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
NY City Opera Rental and Leasing Services 99,999 SF $9.99 Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
333889-002-000-0004-015.000-0000
Land Assessment
$30,300 (2024)
Improvements Assessment
$28,700 (2024)
Total Assessment
$59,000 (2024)
  • Listing ID: 29449590

  • Date on Market: 9/6/2023

  • Last Updated:

  • Address: 22 Creamery Rd, Johnson, NY 10933

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