1133 State Route 22, Cambridge, NY 12816
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1133 State Route 22, Cambridge, NY 12816
1133 State Route 22, Cambridge, NY 12816
1133 State Route 22, Cambridge, NY 12816
1133 State Route 22, Cambridge, NY 12816
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Listed by Amy Farchione-Sgromo • Julie & Co Realty LLC
$ 985,000
Est. payment /mo
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1133 State Route 22 Cambridge, NY 12816

15,103 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 15,103 sqft

Price per Sqft $65

MLS Listing ID 202612137

Year Built 1980

Annual Tax Amount $19,739

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 439x430

Property Sub-Type Retail

Source Global MLS

Property Description

This well-maintained 15,103 square foot commercial building presents a investment opportunity with a long-term lease to a nationally recognized tenant, Dollar General who has been the anchor tenant since 2006, occupying 81% of the building. The remaining 19% is leased as storage space to another tenant, providing additional, stable rental income. The property also has a long term ground lease to Verizon for a tower. The property is Located on a sprawling 5-acre lot with room to construct another building on the property for additional income. The property features a newly paved parking lot and upgraded lighting, ensuring a welcoming and safe environment for customers and tenants alike. The leases are structured as a Triple Net (NNN) lease, The asking price is for the building, property and the Verizon Tower lease & easement is $1,250,000. If interested in just the Building and property without the Verizon tower lease and easement the asking price is $985,000.

Location

State NY

County Washington

Zoning Commercial

Direction On Rt 22 ( S Park St) 1.4 miles from village of Cambridge.

Interior

Heating Forced Air

Building

Sewer Septic Tank

Water Public

New Construction No

Others

Tax ID 535089 263.-3-4.2

NEARBY SCHOOLS & PROPERTIES

Inglenook Realty, Inc.

Inglenook Realty, Inc.

NYS Licensed Real Estate Brokerage | License ID: 109931319

+1(518) 882-6236

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1133 State Route 22

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