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241 Erie St 12,865 SF Flex Building Waverly, NY 14892 $899,000 ($69.88/SF)
Investment Highlights
- Multiple insulated warehouse units, garage spaces, and heated offices with restrooms provide versatile functionality for various businesses.
- Equipped with concrete loading apron, man-door access, RV hookups, and mixed ceiling heights up to 16 feet for operational flexibility.
- Income potential with several units currently on month-to-month or short-term leases, tenant-paid utilities, and additional space for owner occupancy.
- Features include LP radiant heat in most buildings, backup heat for offices and restrooms, and multiple overhead doors ranging from 7'x7' to 16'x20'.
- Property includes a 30'x30' commercial kitchen/prep room alongside storage areas and lobby spaces, expanding revenue opportunities.
- Partially fenced lot with metal roofing, propane fuel heating, municipal water, and septic system in place.
Executive Summary
This income-producing property features multiple insulated warehouses, garage units, office suites, and a commercial kitchen, offering exceptional flexibility for investors or owner-users. Improvements include LP radiant heat throughout most buildings, backup heat in offices/restrooms, multiple overhead doors (ranging from 7’x7’ to 16’x20’), man-door access, concrete loading apron, RV hookups, and mixed ceiling heights up to 16’. Highlights include a 30’x30’ commercial kitchen/prep room, heated office spaces with restrooms, storage areas, and lobby space. Several units are rented on month-to-month or short-term leases, some tenant-paid utilities, with additional vacant/owner-occupied space allowing for upside, repositioning, or owner occupancy. Ideal for contractors, storage, light industrial, food production, or mixed commercial use. Some photos have been digitally enhanced using AI.
Property Facts
| Price | $899,000 | Lot Size | 0.37 AC |
| Price Per SF | $69.88 | Rentable Building Area | 12,865 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1950 |
| Building Class | C | ||
| Zoning | Commercial | ||
| Price | $899,000 |
| Price Per SF | $69.88 |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.37 AC |
| Rentable Building Area | 12,865 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | Commercial |
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Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 492001-166-020-0002-029-000-0000 | Improvements Assessment | $294,656 |
| Land Assessment | $7,500 | Total Assessment | $302,156 |
Property Taxes
Parcel Number
492001-166-020-0002-029-000-0000
Land Assessment
$7,500
Improvements Assessment
$294,656
Total Assessment
$302,156
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241 Erie St
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