10% CAP rate! Centrally located plaza on under 3 acres. (6) units total. New 30+ car parking lot 2018. New facade and metal mansard roof. 2024 new front parking lot, site work/drainage, and flat roof work. Snap Fitness TENANT has 2 brand new high efficiency furnaces and 2 new air conditioners, new exterior windows/doors, new rough plumbing for 4 bathrooms, rough electric, insulation and drywall. Dog Bar and Dog Grooming TENANTS. Warehouse TENANT has (1) large heated warehouse space approx. 4,000 sq feet that was 100% freshly painted in 2016 with garage door entrance. Unique place with a lot of opportunity for the savvy investor. Fully occupied, current gross rents are $11,300 no CAM. Rents should be higher! Seller is open to creative financing.
What an opportunity! This brick commercial building in located is the Island's Central Business District and features a host of updates. Fully tenant occupied. Shared main entrance and separate rear entrance. The lower level has two office suites with separate entrances. Each unit includes general office finishes with open office areas, restroom and a mechanical room. Upper area is currently occupied by one company and features a reception area, meeting room, conference room, break-room and two restrooms. Asphalt paved and striped parking lot, concrete sidewalk and signage. Multi zone heat. Central air. Great location near bus line. Within last five years - furnaces, air conditioners and tankless hot water tank. 25 year roof replaced approximately 15 years ago. Windows replaced in '15. Sump has water back up. LED lighting throughout.
Grand Island is located in New York. Grand Island, New York has a population of 21,340. Grand Island is more family-centric than the surrounding county with 32.69% of the households containing married families with children. The county average for households married with children is 26.77%.
The median household income in Grand Island, New York is $97,128. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Grand Island is 44.6 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 36.6 inches per year, with 84.2 inches of snow per year.