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555 W Main St

12,023 SF Office Building Palmyra, NY 14522 $397,500 ($33/SF)

Investment Highlights

  • High Visibility- State Rt. 31,1.4 Ac bordering Erie Canal.
  • 2 showrooms, 2 levels w/5 garage bays & 12' ceilings,flex space w/storage,
  • 15 min to Thruway.

Executive Summary

WELCOME TO AN EXCEPTIONAL OPPORTUNITY! THIS EXPANSIVE COMMERCIAL BUILDING OFFERS MORE THAN 12,OOO SQ.FT ON TWO LEVELS PERFECTLY SITUATED TO ACCOMODATE DIVERSE BUSINESS VENTURES! WITH ATTRACTIVE OFFICES OR STORE FRONT ON STATE HIGHWAY 31, IT CAN ASSURE YOUR BUSINESS VENTURE MAXIMUN EXPOSURE WITH THE HIGH VOLUME OF TRAFFIC. THE BUILDING'S DESIGN CAN ALSO ACCOMODATE CAR DEALERSHIP FLOOR LOADINGS WHILE OFFERING GENEROUS CLEAR SPANS FOR MAXIMUN FLEXIBILITY. THE LOWER LEVEL HAS 5 GARAGE BAYS, IN EXCESS OF 12 ' CEILINGS AND EXTENSIVE STORAGE WITH ADDITIONAL OFFICE AREAS. THIS ATTRACTIVE BRICK FACADE BUILDING ON THE ENTRANCE TO THIS QUAINT HISTORIC VILLAGE IS SITUATED ON 1.46 ACRES ZONED TO PROVIDE A WIDE VARIETY OF COMMERCIAL USES INCLUDING MOTOR VEHICLE SALES, AUTOMOBILE REPAIR, RETAIL SALES & OFFICES. WITH MORE THAN SIX PRIVATE OFFICES, SEVEN BATHROOMS, A FULL KITCHEN, 2 OPEN AREA SHOWROOMS AND THE FULL LOWER LEVEL,THE POSSIBILITIES ARE ENDLESS! PERFECT OPPORTUNITY FOR USER OCCUPANT THAT NEEDS OFFICE/FLEX SPACE WITH STORAGE! THRUWAY ACCESS WITHIN 15 MINUTES IS AN ADDED BONUS!

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,023 SF
Building Class
B
Year Built
1975
Price
$397,500
Price Per SF
$33
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,180 SF
Building FAR
0.19
Lot Size
1.46 AC
Zoning
C4 - Commercial
Parking
20 Spaces (1.66 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible
  • Kitchen
  • Basement
  • Central Heating
  • Natural Light
  • Shower Facilities
  • Yard
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
543601-064-111-0010-296-700-0000
Land Assessment
$54,600
Improvements Assessment
$400,800
Total Assessment
$455,400
  • Listing ID: 31184172

  • Date on Market: 3/11/2024

  • Last Updated:

  • Address: 555 W Main St, Palmyra, NY 14522

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