• Broker Derek Myers 2123722033

Turnkey Offices with Existing Income 2 Office Properties Online Auction Sale Arcade, NY

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INVESTMENT HIGHLIGHTS

  • Two office cash-flowing portfolio provides a total of 7,400 square feet of freestanding suburban office space with a prime location off Highway 39.
  • Buildings sit within five minutes of national retail amenities, large job centers, area highways, and the walkable streets of downtown Arcade.
  • Both buildings can be seen from a signalized intersection, which delivers daily brand exposure to over 12,000 passing vehicles.
  • Highway 39 connects with both Highways 98 and 16, allowing travel to Buffalo, Batavia, and Olean in less than an hour.

EXECUTIVE SUMMARY

Discover this portfolio comprising of two freestanding, single-tenant offices at 22 and 26 Edward Street, just off the main artery of Arcade, New York. Delivered fully occupied, as an added benefit for the future Buyer, the companies that occupy the space currently would like to execute a 1yr lease (treated like holdover) to remain in the space at a market rental rate. This allows a buyer to quickly utilize the space for their own operations or pursue a new lease that is in line with growing rents in the area.

22 Edward Street offers 5,000 square feet, originally built on a 1.55-acre lot in 1990, and 26 Edward Street comprises 2,400 square feet with ±73 parking spaces built on 0.99 acres in 1992. Sitting just down the street, the properties’ proximity provides convenience and the opportunity for operational efficiencies. The buildings are equipped with prominent signage visible from the signalized intersection of Edward Street and Main Street, providing daily exposure to more than 12,000 passing vehicles.

Sitting just off Highway 39 (W Main Street), 22 & 26 Edward Street places businesses near vital commuter highways, retail amenities, and the Arcade’s biggest employers. Within five minutes of the buildings, tenants will find household name retail brands, including Top’s Friendly Markets, Walgreens, Tractor Supply Co, Rent-A-Center, Value Home Centers, Advance Auto Parts, McDonald’s, Tim Hortons, and Burger King. The same area is home to major employment centers, including operations for Koike Aronson Inc., Prestolite Electric, GenTech Scientific, and Empire Distributing. Highway 39 conveniently connects with Highways 98 and 16, allowing for easy commutes from neighboring markets such as Olean, Buffalo, and Batavia, all reachable in less than an hour.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Sale Type Investment
Status Active
Number of Properties 2
Total Building Size 7,400 SF
Total Land Area 2.55 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT
22 Edward St, Arcade, NY 14009 Office 5,000 SF 1990
26 Edward St, Arcade, NY 14009 Office 2,400 SF 1992
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LINKS

  • Click Here to See Additional Property for Sale: 26 Steele
  • Click Here to See Additional Property for Sale: 20 Parker
  • Click Here to See Additional Property for Sale: 325 Daniel Zenker

ABOUT THE AUCTION PLATFORM

Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
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AUCTION CONTACT

Keisha Hartshorn
(949) 608-3078
Contact
Auctioneer License: Ten-X, Inc. Vibhav Kapila RE Brkr 10991231490
Auction FAQ's

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ADDITIONAL PHOTOS

View Photo 22 & 26 Edwards Street
View Photo Turnkey Office Portfolio
View Photo Freestanding Offices
View Photo Bright Lobby
View Photo Plank Flooring
View Photo Large Bullpen
View Photo Meeting Room or Storage
View Photo Private Offices
View Photo Electrical Room
  • Listing ID: 35218221

  • Date on Market: 4/7/2025

  • Last Updated: 5/16/2025

  • Address: Turnkey Offices with Existing Income, Arcade, NY

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