2044 State Route 32
Modena, NY 12548
Office Property For Sale
Investment Highlights
- Located on very busy Route 32 with 6,400 vehicles per day
- Great rental track record
- Highly visible corner lot
PROPERTY FACTS
- Medical
- Flex Research & Development
- General Retail Daycare Center
Amenities
- Security System
- Signage
- Recessed Lighting
- Drop Ceiling
- Wi-Fi
- Air Conditioning
About 2044 State Route 32 , Modena, NY 12548
This property was once the office of Modena Family Practice. They have now merged with Healthquest. There are five rental units total. Healthquest (23 years), Quadex Health Care Solutions (22 years), Wallkill Teachers Association (3 years), Stanley Orchards (11 years), US Department of Agriculture (15 years). UDSA has signed a new 15 year lease and taken additional space. The property has held a 95% + occupancy rate over the life of the building and is now at 100%. The property has been well maintained and is fully landscaped. Parking is more than ample. It offers 230' of road frontage on Route 32 and is on a very visible corner lot. Very near the cross roads of 44/55 & Route 32. Leases and financials available to qualified buyer. USDA has extended their lease for 15 years.
PROPERTY TAXES
Parcel Number | 4200-101.001-0002-014.001-0000 | Improvements Assessment | $740,000 |
Land Assessment | $60,000 | Total Assessment | $800,000 |
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Listing ID: 18616177
Date on Market: 2/23/2020
Last Updated:
Address: 2044 State Route 32, Modena, NY 12548