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Kunkel Ambulance Services 410 Catherine St 10,525 SF Industrial Building Utica, NY 13501 $675,000 ($64.13/SF) 8% Cap Rate
Executive Summary
Great opportunity to own a high-visibility freestanding commercial building on a corner lot with excellent exposure and ample parking. Currently leased with approx. 4 years remaining, offering a strong income-producing investment. The property features a large garage, multiple offices, kitchen, laundry area, and four bathrooms. Well-maintained and versatile, with potential to build long-term equity. Ideal for investors seeking a stable commercial asset. Possible owner finance
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $675,000 | Lot Size | 0.94 AC |
| Price Per SF | $64.13 | Rentable Building Area | 10,525 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8% | Year Built | 1969 |
| Sale Condition | Ground Lease (Leasehold) | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.8/1,000 SF |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 12 |
| Building Class | B | Opportunity Zone |
Yes
|
| Price | $675,000 |
| Price Per SF | $64.13 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | Ground Lease (Leasehold) |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.94 AC |
| Rentable Building Area | 10,525 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Tenancy | Single |
| Parking Ratio | 3.8/1,000 SF |
| No. Drive In / Grade-Level Doors | 12 |
| Opportunity Zone |
Yes |
1 1
Walk Score®
Very Walkable (83)
Property Taxes
| Parcel Number | 318-044-0001-056-000-0000 | Improvements Assessment | $190,100 |
| Land Assessment | $45,900 | Total Assessment | $236,000 |
Property Taxes
Parcel Number
318-044-0001-056-000-0000
Land Assessment
$45,900
Improvements Assessment
$190,100
Total Assessment
$236,000
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Presented by
Peterson Properties
Kunkel Ambulance Services | 410 Catherine St
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