For Sale
$129,900

401 West Ave Albion, NY 14411

High-yield office building, established tenant.

Overview

Added:
Feb 3
Days on market:
79
This exceptional 1,080 square foot office building, located at 401 West Ave in Albion, NY, presents a compelling investment opportunity. Currently occupied by a long-term tenant, this property offers immediate rental income potential, making it an ideal addition to any investment portfolio. The building sits on a 0.19-acre lot and is conveniently located in Albion, NY. The asking price is $129,900. Note that this property is being subdivided from a larger parcel, and the listed taxes are estimates based on the larger parcel's previous assessment. Therefore, the actual tax assessment for this specific 0.19-acre lot will be determined upon final subdivision. This presents a unique opportunity for an investor seeking a stable, income-generating asset. The property is also suitable for owner-occupancy, providing a retail space option for a business owner. There is a potential to purchase an adjacent property at 407 West Ave, which was part of the larger parcel. Interested parties should conduct their own due diligence regarding taxes and potential expansion opportunities. This is a rare chance to acquire a well-located, income-producing office building in a desirable area. Don't miss out on this excellent investment prospect.

Property Details for 401 West Ave

Property type
Office properties
Square Feet
1,080 SF
Year Built
1900
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Albion
County
Orleans
State
New York
Latitude
43.24099
Longitude
-78.2047

FAQs

What type of property is this?
Office property - High-yield office building, established tenant.
Where is the office property located?
The property is located at 401 West Ave Albion, NY.
What is the asking price?
The asking price for this property is $129,900.
How can I contact the broker?
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401 West Ave
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