13 N Arlington Avenue
- Commercial
- MLS # 202612757
Property Details
- Acres: 0.5
- Building Area: 8,100
- Town: Gloversville
- Property Type: Commercial
- School District: Gloversville
- Estimated Taxes: $14,000
- Water: Public
- Sewer: Public Sewer
- Heat: Baseboard, Forced Air, Hot Water, Natural Gas, Oil
- Property Style: Commercial
- Basement: Full
- Exterior: Block, Brick
- County: Fulton
- Cooling: Central Air, Other
- Parking Spaces: 32
- Zoning: Commercial
- Available SqFt: 2,900
- Interior Features: High Speed Internet, Built-in Features
Remarks
Main building: 1 story 8100 +/-[/] brick and block building with full basement. Long established government lease (over 20 years) with existing 10 year lease (fixed till 11/2028) then with 5 year opt. There are also two office vacancies (2,000 [/] and 900 [/]) that require updates, the landlord over the last 15 years has opted not to rent. The second building is estimated at 2,000 [/] and is leased as a laundromat and is halfway into the second 5 year option with one remaining. Income and expenses upon request, highly qualified buyers only. Rounded actual gross is $163k and net before dept $90k rounded. It does not account for the two empty office spaces. A great investment especially for a owner who needs an office as well as wanting substantial income.
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Contact Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net
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