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Key Details
Sold Price $750,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6282928
Sold Date 10/01/24
Originating Board onekey2
Rental Info No
Lot Size 2.380 Acres
Acres 2.38
Property Description
A remarkable investment opportunity awaits with this vast 16,000 SF warehouse property, a financial and functional powerhouse in the commercial real estate market.
This property stands out with its impressive annual rental income of $115,794.53, generated by dependable warehouse tenants who are self-reliant in managing their utilities and minor repairs. The warehouse is a paragon of business efficiency, featuring a loading dock that streamlines logistics operations and ample parking space to accommodate a variety of commercial needs.
Strategically located, this warehouse offers easy access, making it a prime choice for businesses looking for convenience and connectivity. Ideal for investors seeking a high-potential, high-return asset, this property not only promises a steady income stream but also the chance to own a piece of the thriving commercial warehouse sector.
Don't miss this unparalleled opportunity to acquire a versatile and lucrative property, a valuable addition to any investment portfolio in the commercial real estate arena.
Location
State NY
County Ulster County
Interior
Heating Propane, See Remarks
Cooling None
Fireplace No
Building
Sewer Public Sewer
Water Public
Schools
School District Ellenville
Others
Special Listing Condition None
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Bought with Blooming Realty