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421 Ridge Street, Rome 421 Ridge St

29,400 SF Office Building Rome, NY 13440 $650,000 ($22/SF)

Investment Highlights

  • New 60mil TPO roof system with 3” poly ISO insulation installed in 2021; warranty valid through 2041
  • 0.5 mi. to grocers Aldi and Grand Union Supermarket along with numerous retailers and fast food locations
  • Parking for 83 cars
  • 4 mi. from Griffiss International Airport/Griffiss Business and Technology Park

Executive Summary

29,400 SF three-story office building that underwent a complete rehabilitation between 2007 and 2011 is available for purchase or lease.
Upgrades include: New Roof in 2021; four new boilers, rooftop AC units, all new windows, sprinkler and fire safety system, 1200 amp electrical service, and repaving of the parking lot.
This building provides three full floors of finished office space. The floor footprint would be perfect for a conversion to residential use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
29,400 SF
Building Class
B
Year Built
1930
Price
$650,000
Price Per SF
$22
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
9,800 SF
Slab To Slab
10’
Building FAR
0.68
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
E3
Parking
87 Spaces (2.96 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Reception
  • Central Heating
  • Natural Light
  • Recessed Lighting
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Ground
  • 9,800 SF
  • Office
  • Full Build-Out
  • 30 Days
  • 1st Floor
  • 9,800 SF
  • Office
  • Full Build-Out
  • 30 Days
  • 2nd Floor
  • 9,800 SF
  • Office
  • Full Build-Out
  • 30 Days
Space Size Space Use Condition Available
Ground 9,800 SF Office Full Build-Out 30 Days
1st Floor 9,800 SF Office Full Build-Out 30 Days
2nd Floor 9,800 SF Office Full Build-Out 30 Days

Ground

Size
9,800 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

1st Floor

Size
9,800 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

2nd Floor

Size
9,800 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days
  • Listing ID: 31248855

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 421 Ridge St, Rome, NY 13440

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