For Sale
$6,750,000

2 Ellinwood Dr New Hartford, NY 13413

48,529 SF Medical Office Complex, NY

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 48,529 square foot, multi-tenant medical office complex in New Hartford, New York. The property comprises two buildings situated on a 3.53-acre lot, offering excellent visibility and accessibility from Route 840 and Commercial Drive, Oneida County's main retail corridor. Currently housing Ellinwood Nurse Practitioners, Ellinwood Dental, and Associated Medical Professionals, the complex benefits from long-term leases in place, ensuring a stable income stream. The property is classified as a Class B office building and is offered on a gross lease basis. A significant advantage is the presence of a 4,500 square foot vacant suite available for lease, presenting an immediate opportunity to increase revenue. This turnkey investment is ideally suited for a discerning buyer seeking a well-established, multi-tenant medical office complex in a high-traffic location. The property's strategic location and existing tenant base provide a strong foundation for future growth and profitability. Detailed financial information is available upon request. This is a rare opportunity to acquire a substantial medical office complex in a thriving market.

Highlights

  • 48,529 square foot multi-tenant medical office complex in New Hartford, NY.
  • Two buildings on a 3.53-acre lot with excellent visibility from Route 840 and Commercial Drive.
  • Long-term leases with established medical tenants (Ellinwood Nurse Practitioners, Ellinwood Dental, Associated Medical Professionals).
  • Class B office building, gross lease structure.
  • 4,500 square foot vacant suite available for immediate lease-up and revenue growth.

Property Details for 2 Ellinwood Dr

Property type
Office properties, Medical offices
Square Feet
48,529 SF
Class
B
Buildings
2
Lot Size (sq. ft)
153,767 SF

Location Insight

City
New Hartford
County
Oneida
State
New York
Latitude
43.090956895138
Longitude
-75.311133682118

FAQs

What type of property is this?
Office property - 48,529 SF Medical Office Complex, NY
Where is the office property located?
The property is located at 2 Ellinwood Dr New Hartford, NY.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 48,529 square foot multi-tenant medical office complex in New Hartford, NY.; Two buildings on a 3.53-acre lot with excellent visibility from Route 840 and Commercial Drive.; Long-term leases with established medical tenants (Ellinwood Nurse Practitioners, Ellinwood Dental, Associated Medical Professionals).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2 Ellinwood Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message