Remarks

This property is in excellent condition with no deferred maintenance needed. The tenant is a government agency that has a lucrative lease with the intent to continue leasing for many years. The cap rate is 8.6% and additional financial information will be provided upon request. Note that this property is part of a larger portfolio consisting of five (5) different properties-three of which are leased by government agencies, one by a medical facility, and one that has five duplexes. The entire portfolio can be purchased at a reduced price. There is an additional lot across the street that is used for additional parking.

Details

MLS#: 50020
Price: $485,000

Style: COMMERCIAL
Year Built: 2012

County: St Lawrence
Lot Size: 80 x 149

School District: Massena Central School District