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2.4 Acres Lot
$ 5,500,000
Est. payment | /mo
2.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Matthews St Llc
MLS Listing ID KEYH6335933
Originating Board onekey2
Rental Info No
Year Built 1988
Annual Tax Amount $82,900
Lot Size 2.400 Acres
Acres 2.4
Property Description
Opportunity to own this Class A 36,000+ partially tenanted 3 story office building with visibility to Route 17 (I-86) with 67,000+ cars per day. There is signage. There are 22 separate units/office spaces with 60% fully leased. There is an elevator, ground floor easy access on multiple sides and a loading dock in the rear. Building shows a pro forma of $367,978.89 (7+ cap) when full. Large ground floor level is completely gutted and ready to be built out for a tenant. There is 14,274 sf of vacant space that needs to be leased to make this property VERY SUCCESSFUL. Presently it is 40% vacant and rents are below market. Large parking lot with easy access in and out for cars or trucks. Building is brick construction with large windows giving it an open modern feel. Current and pro forma rent roll and expenses in documents as is a brochure.
Location
State NY
County Orange County
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplace No
Appliance Indirect Water Heater
Exterior
Garage Parking Lot
Utilities Available Electricity Available
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Block
Schools
School District Goshen
Others
Special Listing Condition None
Listed by Keller Williams Realty