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8 State Route 31 9,115 SF 100% Leased Retail Building Jordan, NY 13080 $650,000 ($71.31/SF) 10.77% Cap Rate
Executive Summary
Welcome to 8 State Route 31 in Jordan, NY! This exceptional 6-unit commercial building presents a rare investment opportunity in a highly visible and convenient location with strong potential for long-term growth and income stability. The property features a well-balanced mix of 5 commercial units and 1 residential unit, offering multiple streams of income and flexibility for a wide range of tenants. Whether you're looking to expand your investment portfolio, establish or grow your business footprint, or secure a property with strong income-producing potential, this building checks all the boxes. With its versatile layout and income-generating structure, this property is ideal for investors seeking both stability and upside potential. The commercial units provide space for retail or office use, while the residential unit adds an additional layer of consistent rental income. Opportunities like this don’t come around often—especially in a location with this level of visibility and accessibility. Don’t miss your chance to own a solid asset with room to grow and maximize returns over time.
MLS#: S1679935
MLS#: S1679935
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$70,000
|
$15.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$70,000
|
$15.56
|
| Taxes |
$12,957
|
$2.88
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,957
|
$2.88
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $70,000 |
| Annual Per SF | $15.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $70,000 |
| Annual Per SF | $15.56 |
| Taxes | |
|---|---|
| Annual | $12,957 |
| Annual Per SF | $2.88 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $12,957 |
| Annual Per SF | $2.88 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,115 SF
Building Class
C
Year Built
1995
Price
$650,000
Price Per SF
$71.31
Cap Rate
10.77%
NOI
$70,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.17 AC
Zoning
Commercial
Parking
30 Spaces (3.29 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Unit 1 & 4
- -
- -
- -
- -
- Unit 2 & 3
- -
- -
- -
- -
- Unit 5 & 6
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Unit 1 & 4 | - | - | - | - | ||
| Unit 2 & 3 | - | - | - | - | ||
| Unit 5 & 6 | - | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 312803-004-000-0002-017-000-0000 | Total Assessment | $450,000 |
| Land Assessment | $32,100 | Annual Taxes | $12,957 ($1.42/SF) |
| Improvements Assessment | $417,900 | Tax Year | 2025 |
Property Taxes
Parcel Number
312803-004-000-0002-017-000-0000
Land Assessment
$32,100
Improvements Assessment
$417,900
Total Assessment
$450,000
Annual Taxes
$12,957 ($1.42/SF)
Tax Year
2025
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8 State Route 31
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