4873 Ny-5Vernon, NY 13476

For Sale
$699,999
6,000 SF Retail/Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 6,000 square foot commercial property, located at 4873 NYS Route 5 in Vernon, New York (zip code 13476), presents a compelling investment opportunity. Situated in Oneida County, this high-visibility shopping center/storefront boasts a prime location along State Route 5, ensuring significant traffic flow and excellent exposure for any business. Currently, the property is subject to a lease with DELTA Engineers, Architects and Surveyors, a well-established firm with multiple offices across upstate New York. This provides a stable income stream for the investor. The asking price is $699,999, translating to a price per square foot of $116.67. The property is classified as both office and retail space, offering versatility and potential for diverse uses. The property's location offers easy access for customers and employees alike. This investment opportunity is offered at a 9.8% capitalization rate. Detailed financial information is available upon request. This property is ideal for investors seeking a strong return on investment in a desirable location with a stable tenant. The property's size and location make it an attractive option for a variety of commercial ventures. This is a rare opportunity to acquire a well-situated commercial property with a proven track record.

Property Details for 4873 Ny-5

Property type
Lifestyle centers, Power centers
Square Feet
6,000 SF

Location Insight

City
Vernon
County
Oneida
State
New York
Latitude
43.0769279
Longitude
-75.5650144
4873 Ny-5, Vernon, New York

FAQs

What type of property is this?
Lifestyle center - 6,000 SF Retail/Office Investment
Where is the lifestyle center located?
The property is located at 4873 Ny-5 Vernon, NY.
What is the asking price?
The asking price for this property is $699,999.
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.
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4873 Ny-5
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