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5454 Rt-12 11,600 SF 100% Leased Retail Building Norwich, NY 13815 $1,700,000 ($146.55/SF)
Investment Highlights
- The seller has been well-known in our community for over 50-yrs.
- Perfect opportunity for a warehouse, retail store, shop, offices or expansion of your business. Located in a high-visibility area.
- Turnkey Multi-Use investment property with multiple revenue streams which includes RV park, storage units, storefront leases, dry storage rental
Executive Summary
he seller has been well-known in our community for over 50-yrs. Turnkey Multi-Use investment property with multiple revenue streams which includes RV park, storage units, storefront leases, dry storage rentals, billboard space rental and many other possible income revenue with established, loyal customer base and steady, repeat business already in place. Perfect opportunity for a warehouse, retail store, shop, offices or expansion of your business. Located in a high-visibility area. All information is deemed reliable but not guaranteed, including but not limited to taxes, square footage, zoning, and financial data. Buyer and buyer's agent to verify all information independently.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,600 SF
Building Class
B
Year Built
2005
Price
$1,700,000
Price Per SF
$146.55
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
1.72 AC
Parking
40 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
199’ on Rt-12 Hwy
Amenities
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 084200-148-000-0003-003-400-0000 | Improvements Assessment | $210,000 |
| Land Assessment | $25,000 | Total Assessment | $235,000 |
Property Taxes
Parcel Number
084200-148-000-0003-003-400-0000
Land Assessment
$25,000
Improvements Assessment
$210,000
Total Assessment
$235,000
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5454 Rt-12
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