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61 N Gates Ave

39,000 SF Industrial Building Lackawanna, NY 14218 $2,800,000 ($72/SF)

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Investment Highlights

39,000 SF clear span industrial on 3.18 AC lot
.5 mi. to Route 5; 3 mi. to I-90 and Rt. 219 (Ridge Road)
Power: 3 Phase 490V, 800 amp service

High visibility along Rt. 5 (34,641 AADT)
6.5 mi. to U.S.-Canada border crossing (Peace Bridge)

Executive Summary

39,000 SF clear span industrial building on a 3.18 AC corner lot with excellent visibility from Route 5 in Lakeside Commerce Park. The property, built in 2000, features 19‘ clear at the center and 15‘ clear at the eaves, four dock doors, two grade doors, a forklift door, and mezzanine space. A small office in the front features a conference room, kitchenette, storage, small bullpen area, and four private offices.

61 North Gates_Sept2024web

Property Facts

Price	$2,800,000	No. Stories	1
Price Per SF	$72	Year Built	2000
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.77/1,000 SF
Property Subtype	Distribution Industrial Manufacturing Industrial Warehouse Industrial Service	Clear Ceiling Height	19 FT
Building Class	B	No. Dock-High Doors/Loading	4
Lot Size	3.18 AC	No. Drive In / Grade-Level Doors	2
Rentable Building Area	39,000 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,800,000
Price Per SF	$72
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Distribution Industrial Manufacturing Industrial Warehouse Industrial Service
Building Class	B
Lot Size	3.18 AC
Rentable Building Area	39,000 SF
No. Stories	1
Year Built	2000
Tenancy	Single
Parking Ratio	0.77/1,000 SF
Clear Ceiling Height	19 FT
No. Dock-High Doors/Loading	4
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

PROPERTY TAXES

Parcel Number	140900-141-070-0004-011-200	Improvements Assessment	$1,367,600
Land Assessment	$95,400	Total Assessment	$1,463,000

PROPERTY TAXES

Parcel Number

140900-141-070-0004-011-200

Land Assessment

$95,400

Improvements Assessment

$1,367,600

Total Assessment

$1,463,000

zoning

Zoning Code	LI (Light Industrial)
LI (Light Industrial)

Learn More About Investing in Industrial Properties

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Listing ID: 30969919
Date on Market: 2/15/2024
Last Updated:
Address: 61 N Gates Ave, Lackawanna, NY 14218

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61 N Gates Ave, Lackawanna, NY for sale Primary Photo- Image 1 of 2 — 61 N Gates exterior_1600px

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