Description
Excellent investment with 8% cap rate. Easy to manage. Great tenants: Anchor tenant is Curaleaf Medical Cannabis Dispensary w/ new 8 yr. NNN lease. Others are Shumway Insurance Agency w/ 5 yr lease w/ escalations & Tech Cellar Cellphone Repair- 9 yr tenant. 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.
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0BEDS
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0.57ACRES
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0BATHS
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01/2 BATHS
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12,500SQFT
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$156$/SQFT
Description
Excellent investment with 8% cap rate. Easy to manage. Great tenants: Anchor tenant is Curaleaf Medical Cannabis Dispensary w/ new 8 yr. NNN lease. Others are Shumway Insurance Agency w/ 5 yr lease w/ escalations & Tech Cellar Cellphone Repair- 9 yr tenant. 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.
© 2025 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: 2025-01-17T21:30:40.587.