Homeslyst  /  For Sale  /  Commercial Property  /  New York  /  Listing 141057

Seneca Falls, Seneca County, NY Commercial Property, House for sale Property ID: 416332622

Detailed Information

  • Type: Company

  • Price: $299,000

  • Location: Seneca Falls, New York

  • Address: 2371 Route 414, Seneca Falls, NY, 13148

  • Zip: 13148

  • Size: 5791 square feet

  • Property size: 88426 square feet

  • Condition: Used

  • For sale by: Broker

  • Agent: Stephen J. Baier

Attention investors!

Location, location, location! This property is half mile from 5and20, 3.5 miles from Rt 318 and 3.7 miles from the thruway. This unique property offers 3 sources of income. There are two apartments, a 1 bed 1 bath and a 2 bed 2 bath. There is also a graphics print shop and a 3 bay auto repair shop. They are all fully rented

and the rents are as follows: 1 bed-$500, 2 bed-$750, Garage-$1100 and the graphics shop-$600. All of these rents are well below fair market rent and could very easily be increased. The existing buildings only take up about half of the 2.03 acres leaving room for further development.

The current owner has a contract with SBA Towers to construct a cell tower on the back corner of the lot. The rent would be $1200 monthly and increase by 10% per year for 55 years. With over an acre of undeveloped area another potential would be storage units. These are just a few. Bring your vision to this prime location. Copyright © 2023 Greater Syracuse Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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