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Listed by Clayton J Sitterly • Coldwell Banker Prime Properties

$ 795,000

Est. payment | -/mo

4 Baths

8,100 SqFt

Save

$ 795,000

Est. payment | -/mo

Save

4 Baths

8,100 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,100 sqft

Price per Sqft $98

MLS Listing ID 202612757

HOA Y/N No

Year Built 1933

Annual Tax Amount $14,000

Lot Size 0.540 Acres

Acres 0.5

Lot Dimensions 171 x 143

Property Sub-Type Business

Source Global MLS

Property Description

Main building: 1 story 8100 +/-[/] brick and block building with full basement. Long established government lease (over 20 years) with existing 10 year lease (fixed till 11/2028) then with 5 year opt. There are also two office vacancies (2,000 [/] and 900 [/]) that require updates, the landlord over the last 15 years has opted not to rent. The second building is estimated at 2,000 [/] and is leased as a laundromat and is halfway into the second 5 year option with one remaining. Income and expenses upon request, highly qualified buyers only. Rounded actual gross is $163k and net before dept $90k rounded. It does not account for the two empty office spaces. A great investment especially for a owner who needs an office as well as wanting substantial income.

Location

State NY

County Fulton

Zoning Commercial

Direction West side of N Arlington between W Fulton and Church Street

Interior

Interior Features High Speed Internet, Built-in Features

Heating Baseboard, Forced Air, Hot Water, Natural Gas, Oil

Flooring Carpet, Laminate

Inclusions Building & Land

Equipment Fuel Tank(s)

Exterior

Parking Features Off Street, Paved, Private, On Street, Attached

Roof Type Flat,Rolled/Hot Mop

Building

Lot Description Road Frontage, Level, Irregular Lot

Sewer Public Sewer

Water Public

Architectural Style Commercial

New Construction No

Schools

School District Gloversville

Others

Tax ID 170500 149.6-3-2

Nearby Locations

GET MORE INFORMATION

Michael Keefrider

Licensed Associate Real Estate Broker | Lic# 30KE0495748

keefriderrealestate@gmail.com

+1(518) 423-0481

1345 New Scotland Rd, Slingerlands, NY, 12159

13 N Arlington Avenue Gloversville, NY 12078