1627 US Route 9W
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1627 US Route 9W
8,589 SF Specialty Building Offered at $2,400,000 at a 3.62% Cap Rate in Selkirk, NY 12158
Executive Summary
Turnkey Investment Opportunity! Well established storage business along US Route 9W in upstate New York. Currently has 2 buildings with 104 storage units and stamped town approval for additional of 500 units. Vacancy rate between 3-4 percent. With 400 feet of road frontage, and 23.52 acres of wooded area. Also included original 1960's red brick 2800 square feet,; 10 year old well and septic. Roof 4 years old; Furnace approximately 2 years old with Natural Gas hook up. Taxes are combined for both parcels. Lots of potential for expansion of private events or other business endeavors.
Property Facts
| Price | $2,400,000 | Building Class | C |
| Price Per SF | $279 | Lot Size | 26.00 AC |
| Sale Type | Investment | Building Size | 8,589 SF |
| Cap Rate | 3.62% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1970 |
| Property Subtype | Self-Storage | Parking Ratio | 5.82/1,000 SF |
| Price | $2,400,000 |
| Price Per SF | $279 |
| Sale Type | Investment |
| Cap Rate | 3.62% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 26.00 AC |
| Building Size | 8,589 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 5.82/1,000 SF |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $476,400 | |
| Land Assessment | $128,800 | Total Assessment | $605,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$128,800
Improvements Assessment
$476,400
Total Assessment
$605,200
zoning
| Zoning Code | CONFORMING |
| CONFORMING |
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1627 US Route 9W
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