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345 Cornelia St.

Plattsburgh, NY 12901
  • $1,950,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 201686
UPDATED: 152 min ago
$1,950,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,500
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1973
County:

School Ratings & Info

School District:

Description

Excellent investment with 8% cap rate. Easy to manage. Great tenants: Anchor tenant is Curaleaf Medical Marijuana Dispensary. Others are Shumway Insurance Agency & Tech Cellar Cellphone Repair. Detailed income & expense information shared upon signing NDA and proof of buyer's financial qualification. Remainder of building occupied by professional offices-Adirondack Coast Realty & Bricks & Mortar Mgmt, Inc. includes attached 20 x 40 heated garage with 14 ft overhead door. Listing agent is owner & licensed real estate associate broker. Owner will consider small property with 1031 exchange, residential, land, income property or other. Will consider creative financing. Taxes reflect current assessed value. Assessment is due to increase to 1,000,000.

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© 2024 Adirondack-Champlain Valley Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team. Data last updated: 2024-05-28T19:30:26.487.
www.adirondackwaterfronthomes.com/homes/149899378
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345 Cornelia St. Plattsburgh, NY 12901

  • Price: $1,950,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 152 min ago
  • MLS #: 201686
0
Beds
0
Baths
0
½ Baths
0.57
Acres
12,500
SQFT
$156
$/SQFT
1973
Built
Neighborhood:
None
County:
Clinton
Area:
City Of Plattsburgh
School District:
Plattsburgh
Property Description
Excellent investment with 8% cap rate. Easy to manage. Great tenants: Anchor tenant is Curaleaf Medical Marijuana Dispensary. Others are Shumway Insurance Agency & Tech Cellar Cellphone Repair. Detailed income & expense information shared upon signing NDA and proof of buyer's financial qualification. Remainder of building occupied by professional offices-Adirondack Coast Realty & Bricks & Mortar Mgmt, Inc. includes attached 20 x 40 heated garage with 14 ft overhead door. Listing agent is owner & licensed real estate associate broker. Owner will consider small property with 1031 exchange, residential, land, income property or other. Will consider creative financing. Taxes reflect current assessed value. Assessment is due to increase to 1,000,000.
Exterior Features

Construction Materials BlockMasonite Foundation Details Slab Parking Features Off Street Road Surface Type Paved Roof Rolled/Hot Mop

Interior Features

Appliances Electric Water Heater Basement None Cooling Separate Meters Heating Separate Meters

Property Features

Building Features Loading Dock(s)Retail CommercialOverhead Door(s)Office Commercial Frontage Length 100 Gross Income 204000.00 Included None Land Tax Annual Amount 14248.00 Listing Terms 1031 ExchangeConventionalCash Lot Features ClearedPavedLevel Net Operating Income 152000.00 Special Listing Conditions Standard Tax Annual Amount 33961.00 Tax Assessed Value 850000.00 Tenant Pays Common Area Maintenance Utilities Internet AvailableSewer ConnectedWater ConnectedNatural Gas Available View Commercial Water Source Public Waterfront YN No Zoning Commercial

Listing courtesy of Adirondack Coast Realty, LLC: (518) 324-3248.


© 2024 Adirondack-Champlain Valley Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team. Data last updated: 2024-05-28T19:30:26.487.
 
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Joseph Salamy | Merill L. Thomas, Inc ~ Gillis Team
80 Park Street
Tupper Lake NY, 12986