3500 Bleachery AveNew Hartford, NY 13413

Property Details for 3500 Bleachery Ave

Lot size

0.50 AC

Property size (Sq ft)

4,400 SF

Property type

Specialty properties

Property subtype

Office properties

Description

This exceptional New Hartford, NY property presents a compelling investment opportunity, encompassing four well-maintained buildings totaling approximately 90,000 square feet on a sizable lot ranging from 0.5 to 1.7 acres. The property, located at 3500 Bleachery Ave, offers a diverse range of potential uses, including executive office space, manufacturing, warehousing, storage, retail, and restaurant establishments. Building #1, a 4,400 square foot administrative building, features recent upgrades such as a new boiler, windows, and awnings. Buildings #2 and #3, totaling approximately 66,500 square feet, comprise a main production facility and extensive shipping/receiving/warehousing space, connected by an indoor walkway. These buildings have undergone significant renovations, including updated heating, lighting, and interior/exterior modernization. Building #4, a 30,000 square foot structure currently used for storage rentals, includes a convenient second-floor drive-up ramp. The property is strategically located minutes from NY-8, the New York Thruway, and major airports, offering easy access to transportation networks. The asking price is $2,800,000, with an attractive 8% cap rate. The property's location in Upstate New York provides proximity to recreational areas like the Adirondacks and Cooperstown, enhancing its appeal as a desirable place to live and work. A short-term leaseback opportunity is also available. The property's versatility and prime location make it an ideal investment for a variety of business ventures. The zip code is 13413, situated in Oneida County.

Location Insight

City

New Hartford

County

Oneida

State

New York

Latitude

43.0591

Longitude

-75.3062

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